A Quote by James Surowiecki
The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.
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Ultimately, we are not subject to the conditions that confront us; rather, these conditions are subject to our decision ... we must decide whether we will face up or give in, whether or not we will let ourselves be determined by the conditions.
The value of assets often increases exponentially while the value of your labor only increases incrementally.
I’ve always tried to be independent. It’s just my personality. I’ve always been the type to motivate the camp. I’ve always wanted to be the fuel for something—for music, the fuel for my family, the fuel for my best friend. Helping someone with what I’m doing.
What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.
Financial decision-makers at every level are recognising that fossil fuel investments risk their returns being undermined by stranded assets.
What do we actually seek from food? It's not calories, nor is it volume or mass. It is, in fact, nutrition: micronutrients, which include vitamins, minerals, antioxidants, and phytochemicals. These are components by which food can be assessed a value, and therefore, a decision can be objectively made as to whether it's worth eating.
Nothing has value in itself. The consumer confers value on it by seeking to acquire it. Hence, the value of a thing is never objective, but always subjective.
Children live in a way that is very generous. They learn from a young age what you value; they watch your every move. If you value writing, they will learn quickly to value it too, as something they can give to someone, or receive with pleasure from someone else.
Low-income people everywhere will be at risk of food insecurity due to loss of assets, absence of alternative livelihood options and lack of adequate insurance coverage from extreme weather events.
Value investors will not invest in businesses that they cannot readily understand or ones they find excessively risky. Hence few value investors will own the shares of technology companies. Many also shun commercial banks, which they consider to have unanalyzable assets, as well as property and casualty insurance companies, which have both unanalyzable assets and liabilities.
The available supply of gold and silver being wholly inadequate to permit the issuance of coins of intrinsic value or paper currency convertible into coin of intrinsic value or paper currency convertible into coin in the volume required to serve the needs of the People, some other basis for the issue of currency must be developed, and some means other than that of convertibility into coin must be developed to prevent undue fluctuation in the value of paper currency or any other substitute for money intrinsic value that may come into use.
I think it’s unfair that people can’t give assets to whoever they want. When I die, my assets can go to my wife. And a gay person — you ought to have a system where maybe you can just say, ‘You can give your assets to anybody you want.’
I think it's unfair that people can't give assets to whoever they want. When I die, my assets can go to my wife. And a gay person - you ought to have a system where maybe you can just say, 'You can give your assets to anybody you want.'
Whenever I've had to make a major decision as a doctor, cop or for a company I've worked for, I ask myself: What is the value proposition here? Will my decision bring added value to the population I have the privilege to serve?
No duty is more imperative for the government than the duty it ;owes the people to furnish them with a sound and uniform currency, an of regulating the circulation of the medium of exchange so that labor will be protected from a vicious currency [private bank-created, interest-bearing debt], and commerce will be facilitated by cheap and safe exchanges.
The product of mental labor - science - always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.
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