A Quote by Charles Baudelaire
For the merchant, even honesty is a financial speculation.
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For me the greatest source of income is still movies. Nothing - stocks, financial speculation, real estate speculation or businesses - makes more money for me than making movies.
Trading is a small part of the work of the stock exchanges. They are really to do with financial speculation, and they speculate on the value of the yen, the dollar, the pound, the franc, or the euro, at any given time. Billions are lost and billions are made by this speculation, and that's what the stock exchanges are about. They are for greedy minds.
Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.
I wish I could sit back and say, 'Oh, I'm gonna wait for a Merchant-Ivory film to come my way. Or Ivory-Merchant. Whatever it's called. But you just take what's given and then, hopefully, down the road you can be more choosy and only do, say, Wayans brothers movies. That's my goal: to be more Merchant-Ivory-Wayans.
Gambling is entertainment... Financial markets, what one often refers to as speculation, is really the force by which we move capital to the best and highest use.
We had to struggle with the old enemies of peace - business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering
The thought in my mind was that I must be a good merchant. If I were a good merchant, the rest would probably take care of itself.
I'll say, what makes me happy about making movies is, every once in a while through movies we find a kind of honesty. There's an honesty in fiction that's as effective or even more powerful than the honesty of our lives. We can find something that's genuinely true, like a chemistry between people or a statement that speaks to an audience.
In other words, RBS had its origins in a failed speculation, a bail-out, and a financial crash so big it helped destroy Scotland's status as a separate nation.
From the dawn of exact knowledge to the present day, observation, experiment, and speculation have gone hand in hand; and, whenever science has halted or strayed from the right path, it has been, either because its votaries have been content with mere unverified or unverifiable speculation (and this is the commonest case, because observation and experiment are hard work, while speculation is amusing); or it has been, because the accumulation of details of observation has for a time excluded speculation.
I'd say honesty is always the best policy. There are always a lot of arguments - but even if honesty starts some, it avoids bigger ones.
Civilization, let me tell you what it is. First the soldier, then the merchant, then the priest, then the lawyer. The merchant hires the soldier and priest to conquer the country for him. First the soldier, he is a murderer; then the priest, he is a liar; then the merchant, he is a thief; and they all bring in the lawyer to make their laws and defend their deeds, and there you have your civilization!
Workers are on the streets today with a clear message to Europe's leaders. There is a great danger that workers are going to pay the price for the reckless speculation that took place in financial markets.
Most areas of intellectual life have discovered the virtues of speculation, and have embraced them wildly. In academia, speculation is usually dignified as theory.
High prices can be the result of speculation, and maybe plunging prices can be attributed to the end of speculation, but low prices over time aren't caused by speculation. That's oversupply, mainly by Saudi Arabia flooding the market with low-priced oil to discourage rival oil producers, whether it's Russian oil or American fracking.
Second is the way of the merchant. The wine maker obtains his ingredients and puts them to use to make his living. The way of the merchant is always to live by taking profit.
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