A Quote by Lord Byron
O Gold! I still prefer thee unto paper, which makes bank credit like a bark of vapour.
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You do not understand your job. You are not running an election, you are not winning wealth. You are being taken care of. But you cannot pocket anything. Whatever comes to you: "Unto Thee, unto Thee, Oh Lord, unto Thee."
Beliefs constitute the basic stratum, that which lies deepest, in the architecture of our life. By them we live, and by the same token we rarely think of them.... One may symbolize the individual life as a bank of issue. The bank lives on the credit of a gold reserve which is rarely seen, which lies at the bottom of metal coffers hidden in the vaults of the building. The most elementary caution will suggest that from time to time the effective condition of these guaranties--of these credences, one might say, that are the basis of credit--be passed in review.
Do not unto others that which is hateful unto thee.
Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.
The Pekes and the Pollicles, everyone knows, Are proud and implacable, passionate foes; It is always the same, wherever one goes. And the Pugs and the Poms, although most people say that they do not like fighting, will often display Every symptom of wanting to join in the fray. And they Bark bark bark bark bark bark Until you can hear them all over the park.
Now between '45 and '48, things would change enormously, 'cos we'd had credit in United States, credit from the Bank of America, credit from the Import-Export Bank and people had started working again.
The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That's one reason why you get so many credit card offers.
Teach him to live unto God and unto thee; and he will discover that women, like the plants in woods, derive their softness and tenderness from the shade.
If thou art indeed my father, then hast thou stained thy sword in the life-blood of thy son. And thous didst it of thine obstinacy. For I sought to turn thee unto love, and I implored of thee thy name, for I thought to behold in thee the tokens recounted of my mother. But I appealed unto thy heart in vain, and now is the time gone for meeting.
Gold is unique because it has the age-old aspect of being viewed as a store of value. Nevertheless, it’s still a commodity and has no tangible value, and so I would say that gold is a speculation. But because of my fear about the potential debasing of paper money and about paper money not being a store of value, I want some exposure to gold.
What I have related is sufficient for establishing the main principle, namely, that the heat which disappears in the conversion of water into vapour, is not lost, but is retained in vapour, and indicated by its expansive form, although it does not affect the thermometer. This heat emerges again from this vapour when it becomes water, and recovers its former quality of affecting the thermometer; in short, it appears again as the cause of heat and expansion.
Experience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.
It turned out in the long run that Lincoln's credit and the popular confidence that supported it were as valuable both to his creditors and himself as if the sums which stood over his signature had been gold coin in a solvent bank.
If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.
Lord! Thou art with Thy people still; they see Thee in the night-watches, and their hearts burn within them as Thou talkest with them by the way. And Thou art near to those that have not known Thee; open their eyes that they may see Thee--see Thee weeping over them, and saying, "Ye will not come unto me that ye might have life"--see Thee hanging on the cross and saying, "Father, forgive them, for they know not what they do"--see Thee as Thou wilt come again in Thy glory to judge them at the last. Amen.
The sun with loving light makes bright for me each day, the soul with spirit power gives strength unto my limbs. In sunlight shining clear I revere, Oh God, the strength of humankind, which thou has planted in my soul, that I may with all my might, may love to work and learn. From thee stream light and strength to thee rise love and thanks.
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