A Quote by Charles Caleb Colton
It is doubtful whether mankind are most indebted to those who like Bacon and Butler dig the gold from the mine of literature, or to those who, like Paley, purify it, stamp it, fix its real value, and give it currency and utility
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To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those prices are nominally higher than gold prices - to say that they are inflated, relatively to gold, is a perfect absurdity.
I have no duty to be anyone's Friend and no man in the world has a duty to be mine. No claims, no shadow of necessity. Friendship is unnecessary, like philosophy, like art, like the universe itself (for God did not need to create). It has no survival value; rather it is one of those things which give value to survival.
Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is other currency. Most countries hold reserves and the reserves are other currencies. If you are a backing up the euro with the dollar, what's backing up the dollar? I don't think it is going to go to a point where all you have is coins and bars of gold, but I do think that we are going to have to go back to a monetary system based in gold, not based on paper.
Most governments, not all of them, but most, certainly don't want their citizens using gold. They want them in the currency that they are creating. When they are debasing money, or printing money, they are spending it and they want it to have as much value as possible when they originally spend it. Of course once they spend it, it will lose value for them and everyone else that holds it. But they need demand for their currency. They need as many people as possible holding it and transacting it. The more people that use gold, the harder it makes it.
My wife, trying to be helpful, goes to the grocery store and buys this stuff called soy bacon. Let me tell you something: I know soy beans are good for a lot of things. Let's stay out of the bacon market! It says It looks and tastes like real bacon! No it doesn't! It tastes like somebody bacon-flavored a turd, that's what it tastes like!
Most British playwrights of my generation, as well as younger folks, apparently feel somewhat obliged to Russian literature - and not only those writing for theatres. Russian literature is part of the basic background knowledge for any writer. So there is nothing exceptional in the interest I had towards Russian literature and theatre. Frankly, I couldn't image what a culture would be like without sympathy towards Russian literature and Russia, whether we'd be talking about drama or Djagilev.
The available supply of gold and silver being wholly inadequate to permit the issuance of coins of intrinsic value or paper currency convertible into coin of intrinsic value or paper currency convertible into coin in the volume required to serve the needs of the People, some other basis for the issue of currency must be developed, and some means other than that of convertibility into coin must be developed to prevent undue fluctuation in the value of paper currency or any other substitute for money intrinsic value that may come into use.
I think the blues is the best literature that we as blacks have created since we've been here. I call it our 'sacred book.' What I've attempted to do is to mine that field, to mine those cultural ideas and attitudes and give them to my characters.
In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold.
If those who give are conscious of their own generosity and those who receive feel indebted, they are no longer family but rather strangers doing business.
That is their way, those plagues, those scientists - peg, peg, peg - dig, dig, dig - plod, plod, plod. I wish I could catch a cargo of them for my place; it would be an economy. Yes, for years, you see. They never give up. Patience, hope, faith, perseverance; it is the way of all the breed.
Friendship is unnecessary, like philosophy, like art... It has no survival value; rather it is one of those things that give value to survival.
Persecution, in short, is like the goldsmith's stamp on real silver and gold - it is one of the marks of a converted man.
Kisses are but like sands of gold and silver, found upon the ground which are not worth much themselves but as they promise a mine near too be dig'd.
Why do they make things so complicated?" "So that those who have the responsibility for understanding can understand.," he said. "Imagine if everyone went around transforming lead into gold. Gold would lose its value." "It's those who are persistent, and willing to study things deeply, who achieve the Master Work.
I enjoy having breakfast in bed. I like waking up to the smell of bacon, sue me. And since I don't have a butler, I have to do it myself. So, most nights before I go to bed, I will lay six strips of bacon out on my George Foreman grill. Then I go to sleep. When I wake up, I plug in the grill. I go back to sleep again. Then I wake up to the smell of crackling bacon. It is delicious, it's good for me, it's the perfect way to start the day.
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