A Quote by Lee Iacocca

When future historians look back on our way of curing inflation...they'll probably compare it to bloodletting in the Middle Ages. — © Lee Iacocca
When future historians look back on our way of curing inflation...they'll probably compare it to bloodletting in the Middle Ages.
Because food and energy prices are volatile, it is often helpful to look at inflation excluding those two categories - known as core inflation - which is typically a better indicator of future overall inflation than recent readings of headline inflation.
Since at least the Middle Ages, philosophers and philologists have dreamed of curing natural languages of their flaws by constructing entirely new idioms according to orderly, logical principles.
We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.
Sometimes people look at our covers and say, "That looks just like that other cover." I say, "And?" It reminds them of a cover from way back when. If you know the cover, then pull it out and compare it. I don't care. It's supposed to bring back memories.
If this is not done, future ages will certainly look back upon us as a people so immersed in the pursuit of wealth as to be blind to higher considerations.
Many of our feelings of satisfaction or dissatisfaction have their roots in how we compare ourselves to others. When we compare ourselves to those who have more, we feel bad. When we compare ourselves to those who have less, we feel grateful. Even though the truth is we have exactly the same life either way, our feelings about our life can vary tremendously based on who we compare ourselves with. Compare yourself with those examples that are meaningful but that make you feel comfortable with who you are and what you have.
In my mind, if you went back to the Middle Ages, in Italy they'd be speaking Middle Age Italian. And at that point, it would obviously be indecipherable for us, but for the people of that time, it was just normal talking.
2011 is one of those years that historians are likely to look back on as a 'hinge.' And the truth, at once frightening and exhilarating, is that we don't know yet which way the door will swing.
The future is an unknown, but a somewhat predictable unknown. To look to the future we must first look back upon the past. That is where the seeds of the future were planted. I never think of the future. It comes soon enough.
It was called the Middle Ages, the Dark Ages. If not for the monks, everything the world had ever learned would have been lost. Well, we live in a similar time, when we're losing the vast majority of what we do and see and learn. But it doesn't have to be that way.
We liked the idea that it was a low-tech future. But everything always repeats the past. If you look today and look at something in the middle east where you got people getting beheaded it's like the crusades with Twitter. It's crazy, human nature does the same thing. In a way, even though you're in the future people wanted order so this sort of system rose up.
To me, the term 'middle-class' connotes a safe, comfortable, middle-of-the road policy. Above all, our language is 'middle-class' in the middle of our road. To drive it to one side or the other or even off the road, is the noblest task of the future.
Our economic future and our energy future are one in the same, and it's a future America can't shrink from. We must shape it, just as we've always done. We have to protect our planet from the threat of climate change and ensure that workers have the skills to compete for good middle-class jobs.
The Middle Ages hangs over history's belt like a beer belly. It is too late now for aerobic dancing or cottage cheese lunches to reduce the Middle Ages. History will have to wear size 48 shorts forever.
Any beings advanced enough to traverse interstellar distances are at least a thousand years beyond our technical level. Spending gobs of time examining our missiles is equivalent to sending the Air Force back to the Middle Ages and insisting they examine the chain mail factories.
When historians look back on our century, they may remember it most, not for space travel or the release of nuclear energy, but as the time when the peoples of the world first came to take one another seriously.
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