A Quote by William James

Truth lives, in fact, for the most part on a credit system — © William James
Truth lives, in fact, for the most part on a credit system
Truth lives, in fact, for the most part on a credit system. Our thoughts and beliefs pass, so long as nothing challenges them, just as bank-notes pass so long as nobody refuses them.
I have always favored Capitalism as the best economic system and Democracy as the best political system. They both have the most potential for improving the lives of people. However, both systems need to be reexamined and refreshed so that, in fact, they do serve the majority of people.
I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world - no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.
The Cubs, we built one of best farm systems - I think for a while there, it was the best farm system in baseball. And that was great. It got a lot of attention. But we didn't want the credit for the farm system. What we wanted was to see if we could do the tricky part, which was turn a lauded farm system into a World Series champion.
Because the American credit reporting system relies on both good and bad reports of creditworthiness, a consumer must have some kind of credit - not just the absence of bad credit.
A system is said to be coherent if every fact in the system is related every other fact in the system by relations that are not merely conjunctive. A deductive system affords a good example of a coherent system.
Philosophy lives in words, but truth and fact well up into our lives in ways that exceed verbal formulation.
The fact is, as we leave the EU, Britain will be able to choose its own immigration system rather than having free movement with one part of the world and a managed system with elsewhere.
What I hate about kitchen-sink dramas is [this idea] that the set is real, therefore you're going to be seeing truth. You have to earn truth. Truth can't be a part of the fact that people appear to talk that way and live in that room. You're looking for the poetry in something, and I don't mean poetry in the fancy sense. Naturalism believes by just replicating a thing you give the truth, rather than earning the truth.
Instability mostly comes from the interface between the fact that the banks (or shadow banks) can create credit, money, and purchasing power in infinite quantities if we don't constrain them, and the fact that credit is primarily created to fund the purchase of urban real estate and land, which is somewhat fixed in supply.
If you take part of the truth, and try to make that part of the truth, all of the truth, then that part of the truth becomes an untruth.
The only part of you that hurts when you're given the truth is the part that lives on lies.
I told him the truth, that I loved him and didn't regret anything about our lives together. But do we ever 'tell the truth, the whole truth, and nothing but the truth, so help me God' as my father used to say, to those we love? Or even to ourselves? Don't even the best and most fortunate of lives hint at other possibilities, at a different kind of sweetness and, yes, bitterness too? Isn't this why we can't help feeling cheated, even when we know we haven't been?
I'm a part of the system now and I am helping people within that system and, so, it would be hypocrisy to be part of a system that I don't believe in.
Fact is fact. Truth is Truth. It does not matter how you feel. We do not listen to our feelings. We believe the truth of God's word.
No one lives on credit in France because banks don't allow overdrafts and zero percent credit cards do not exist.
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