I never liked quantitative easing. It's misunderstood by almost everybody. Flattening the yield curve is not stimulative; flattening the yield curve is anti-stimulative.
We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
Fitness is a curve. You can be Lance Armstrong, or you can be really out of shape at the opposite end. People enter the curve wherever they are and then they can move up the curve, by better nutrition and better exercise.
There will always be people who are ahead of the curve, and people who are behind the curve. But knowledge moves the curve.
We're seeing the yield curve steepen, that means long rates are going up but short rates are not because the Fed is holding them down and this is usually good for financial stocks.
One component of the leading economic indicators is the yield curve. Bond investors keep a close eye on this, as it illustrates the spread or difference between long-term interest rates and short-term ones.
Never give in except to convictions of honour and good sense. Never yield to force; never yield to the apparently overwhelming might of the enemy.
Jack Nicklaus liked to curve the ball by opening or closing the clubface at address. I never felt I was good enough to do it his way. I didn't like changing my swing path, either, which some guys do. There's only one really reliable way to curve the ball: Change your hand position at address.
I am just at that stage of wondering where I go from here. I came into this business almost by accident, but now it has become serious. What started as a bit of fun, something to do other than be a model, has taken on a different career curve. I have been forced to ask where that curve is going to end up.
The curve of imagination, the curve of brilliance and the curve of sanity are identical curves or at least similar curves... The more imagination a person has, why, the more intelligence, the more knowingness he has and the saner he's going to be.
The higher the yield, the higher the risk. A high yield is designed to attract investors. An outrageously high yield attracts fools.
The normal curve is a distribution most appropriate to chance and random activity. Education is a purposeful activity and we seek to have students learn what we would teach. Therefore, if we are effective, the distribution of grades will be anything but a normal curve. In fact, a normal curve is evidence of our failure to teach.
I was attracted by the curve — the liberated, sensual curve suggested by the possibilities of new technology yet so often recalled in venerable old baroque churches.
Of all government expenditures, defense spending is the... most stimulative to the economy.
The second reason why we haven't observed the growing gap is that our historical and social science analyses have concentrated on what has been happening within the 'middle classes' - that is, to that ten to fifteen percent of the population of the world-economy who consumed more surplus than they themselves produced. Within this sector there really has been a relatively dramatic flattening of the curve between the very top (less than one percent of the total population) and the truly 'middle' segments, or cadres (the rest of the ten to fifteen percent).
Gradual fiscal consolidation may also be stimulative in the short run.
Let arms yield to the toga, let the [victor's] laurel yield to the [orator's] tongue.