A Quote by Ron Paul
You can't have a healthy economy without sound money, which is why we're on the verge of very serious economic problem.
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Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical factor of production, but rather a yardstick for measuring economic input, economic outtake and the relative values of the real goods and services of the economic world. Money provides a method of measuring obligations, rights, powers and privileges. It provides a means whereby certain individuals can accumulate claims against others, or against the economy as a whole, or against many economies.
True prosperity can only come from a healthy economy and sound money. That can only be achieved in a free society.
Our consumer-oriented economy wouldn't survive without economic growth. The whole mechanism depends on invention and insinuation of novelties, arousing new wants, seduction and temptation. This is the problem we face - much more than recapitalizing the banks. The question is: Is that kind of economy sustainable?
If you can only be tall because someone else is on their knees, then you have a serious problem. And white people have a very, very serious problem.
The word translated, koan, it means a problem. But it's a very special problem. And to strip it down to the way it works, you are given a problem which has no rational solution. There is a contradiction built into it. One standard - one is this is the sound of two hands clapping. What is the sound of one hand clapping? And so on. All right, so the first thing is that it brings your rational mind to an impasse.
The best way to make money is to have more economic freedom, which is why we are one of the very few large companies that are consistently for it.
The idea of solving as huge and long-term a problem as inequality - which, for my money, is the biggest single problem we have here at home - just never gets serious concern from both sides.
When man has mastered money he shall have mastered not only his economic problem of prosperity but also his political problem, for he will see that money has no place in state functions, and, the money power being entirely in his own hands, he will easily master the state and clearly define its services. Thus money must be seen as the means of mastery of all economic and political problems. Until we have mastered money we shall not master any of our problems. Not money, but a false money system, is the root of all evil.
Over two thousand years ago, Aristotle taught us that money should be durable, divisible, consistent, convenient, and value in itself. It should be durable, which is why wheat isn't money; divisible which is why works of art are not money; consistent which is why real estate isn't money; convenient, which is why lead isn't money; value in itself, which is why paper shouldn't be money. Gold answers to all these criteria.
We should not underestimate the enormity of the task which lies ahead. But little can be achieved without sound money. It is the bedrock of sound government.
In my view, the future of politics is, without a doubt, social liberalism married to economic conservatism. Which means we have to make an economic argument to social liberals, that it's OK to vote for us. But we won't run the economy into the ground at the same time.
We have to get the tax revenues up. That means we have to get back to a healthy American economy, grow the economy so that you make more money. I make more money, ordinary Americans make more money, and so does the government. That helps lessen the deficit.
Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense of the word All economic change, therefore, would involve operations the value of which could neither be predicted beforehand nor ascertained after they had taken place. Everything would be a leap in the dark. Socialism is the renunciation of rational economy.
I wanted to catch the problem of consumption, waste, poor people eating what we throw away, which is a big subject. But I didn't want to become a sociologue, an ethnographe, a serious thinker. I thought I should be free, even in a documentary which has a very serious subject.
There are all sorts of institutions in the economic world which depart from the simple price/market model which I worked on in an earlier incarnation and which has been sort of the mainstream of economic theories since Adam Smith and David Ricardo. There are all sorts of contractual relations between firms and individuals which do not conform to the simple price theory - profit-sharing schemes and so forth - and the explanation for these suddenly became clear. We now understand why these emerged and that they are based on differences in information in the economy.
Venture capital is about .02% of the U.S. economy invested, and it accounts for 11% of total U.S. jobs and 21% of U.S. economic output. And the reason why is because these companies can get very big, very quickly.
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