Monetary Support Quotes

A NATION'S GREATNESS DEPENDS ON ITS LEADER To vastly improve your country and truly make it great again, start by choosing a better leader. Do not let the media or the establishment make you pick from the people they choose, but instead choose from those they do not pick. Pick a leader from among the people who is heart-driven, one who identifies with the common man on the street and understands what the country needs on every level. Do not pick a leader who is only money-driven and does not understand or identify with the common man, but only what corporations need on every level. Pick a peacemaker. One who unites, not divides. A cultured leader who supports the arts and true freedom of speech, not censorship. Pick a leader who will not only bail out banks and airlines, but also families from losing their homes -- or jobs due to their companies moving to other countries. Pick a leader who will fund schools, not limit spending on education and allow libraries to close. Pick a leader who chooses diplomacy over war. An honest broker in foreign relations. A leader with integrity, one who says what they mean, keeps their word and does not lie to their people. Pick a leader who is strong and confident, yet humble. Intelligent, but not sly. A leader who encourages diversity, not racism. One who understands the needs of the farmer, the teacher, the doctor, and the environmentalist -- not only the banker, the oil tycoon, the weapons developer, or the insurance and pharmaceutical lobbyist. Pick a leader who will keep jobs in your country by offering companies incentives to hire only within their borders, not one who allows corporations to outsource jobs for cheaper labor when there is a national employment crisis. Choose a leader who will invest in building bridges, not walls. Books, not weapons. Morality, not corruption. Intellectualism and wisdom, not ignorance. Stability, not fear and terror. Peace, not chaos. Love, not hate. Convergence, not segregation. Tolerance, not discrimination. Fairness, not hypocrisy. Substance, not superficiality. Character, not immaturity. Transparency, not secrecy. Justice, not lawlessness. Environmental improvement and preservation, not destruction. Truth, not lies. Most importantly, a great leader must serve the best interests of the people first, not those of multinational corporations. Human life should never be sacrificed for monetary profit. There are no exceptions. In addition, a leader should always be open to criticism, not silencing dissent. Any leader who does not tolerate criticism from the public is afraid of their dirty hands to be revealed under heavy light. And such a leader is dangerous, because they only feel secure in the darkness. Only a leader who is free from corruption welcomes scrutiny; for scrutiny allows a good leader to be an even greater leader. And lastly, pick a leader who will make their citizens proud. One who will stir the hearts of the people, so that the sons and daughters of a given nation strive to emulate their leader's greatness. Only then will a nation be truly great, when a leader inspires and produces citizens worthy of becoming future leaders, honorable decision makers and peacemakers. And in these times, a great leader must be extremely brave. Their leadership must be steered only by their conscience, not a bribe.

I see things in windows and I say to myself that I want them. I want them because I want to belong. I want to be liked by more people, I want to be held in higher regard than others. I want to feel valued, so I say to myself to watch certain shows. I watch certain shows on the television so I can participate in dialogues and conversations and debates with people who want the same things I want. I want to dress a certain way so certain groups of people are forced to be attracted to me. I want to do my hair a certain way with certain styling products and particular combs and methods so that I can fit in with the In-Crowd. I want to spend hours upon hours at the gym, stuffing my body with what scientists are calling 'superfoods', so that I can be loved and envied by everyone around me. I want to become an icon on someone's mantle. I want to work meaningless jobs so that I can fill my wallet and parentally-advised bank accounts with monetary potential. I want to believe what's on the news so that I can feel normal along with the rest of forever. I want to listen to the Top Ten on Q102, and roll my windows down so others can hear it and see that I am listening to it, and enjoying it. I want to go to church every Sunday, and pray every other day. I want to believe that what I do is for the promise of a peaceful afterlife. I want rewards for my 'good' deeds. I want acknowledgment and praise. And I want people to know that I put out that fire. I want people to know that I support the war effort. I want people to know that I volunteer to save lives. I want to be seen and heard and pointed at with love. I want to read my name in the history books during a future full of clones exactly like me. The mirror, I've noticed, is almost always positioned above the sink. Though the sink offers more depth than a mirror, and mirror is only able to reflect, the sink is held in lower regard. Lower still is the toilet, and thought it offers even more depth than the sink, we piss and shit in it. I want these kind of architectural details to be paralleled in my every day life. I want to care more about my reflection, and less about my cleanliness. I want to be seen as someone who lives externally, and never internally, unless I am able to lock the door behind me. I want these things, because if I didn't, I would be dead in the mirrors of those around me. I would be nothing. I would be an example. Sunken, and easily washed away.

Both Krupp and Flick were extremely wealthy (both billionaires and heads of vast industrial enterprises) but were unwilling to provide any reasonable monetary support to Jews who had suffered under these industrialists’ inhumane treatment while helping make them the richest men in Germany.9

the International Monetary Fund basically acted as the world’s debt enforcers—“You might say, the high-finance equivalent of the guys who come to break your legs.” I launched into historical background, explaining how, during the ’70s oil crisis, OPEC countries ended up pouring so much of their newfound riches into Western banks that the banks couldn’t figure out where to invest the money; how Citibank and Chase therefore began sending agents around the world trying to convince Third World dictators and politicians to take out loans (at the time, this was called “go-go banking”); how they started out at extremely low rates of interest that almost immediately skyrocketed to 20 percent or so due to tight U.S. money policies in the early ’80s; how, during the ’80s and ’90s, this led to the Third World debt crisis; how the IMF then stepped in to insist that, in order to obtain refinancing, poor countries would be obliged to abandon price supports on

The public at large have learned to understand, and I am afraid a whole generation of economists have been teaching, that government has the power in the short run by increasing the quantity of money rapidly to relieve all kinds of economic evils, especially to reduce unemployment. Unfortunately this is true so far as the short run is concerned. The fact is, that such expansions of the quantity of money which seems to have a short run beneficial effect, become in the long run the cause of a much greater unemployment. But what politician can possibly care about long run effects if in the short run he buys support?

I strongly support liquidating the corporation that is the Federal Reserve and returning to a monetary system based on a marketproduced precious metal, like gold, which is represented by a currency printed and managed by the U.S. Treasury Department as stipulated by our Constitution. The assets currently owned by the Fed should be liquidated and parceled out on a pro-rata basis to its creditors. All we need is the will.

The euro and the ECB were designed in a way that blocks government money creation for any purpose other than to support the banks and bondholders. Their monetary and fiscal straitjacket obliges the eurozone economies to rely on bank creation of credit and debt. The financial sector takes over the role of economic planner, putting its technicians in charge of monetary and fiscal policy without democratic voice or referendums over debt and tax policies.

It is impossible to say how far the present value of money depends on its monetary employment and how far on its industrial employment. When the institution of money was first established, the industrial basis of the value of the precious metals may have preponderated; but with progress in the monetary organization of economic life the monetary employment has become more and more important. It is certain that nowadays the value of gold is largely supported by its monetary employment, and that its demonetization would affect its price in an overwhelming fashion.

I remember one session with British Prime Minister James Callaghan, who asked for a conversation that would be totally off the record. We had a cocktail while enjoying the new rocking chairs, and he described Great Britain’s economic troubles and told me that the International Monetary Fund was putting pressure on him to reduce their deficit with what seemed to be draconian actions. I interrupted to offer my help in easing the IMF demands, and he said, “No, no! I want you to support their restraints. I want them to force me and my government to do what I know is right but is not politically popular.

Taking the Bible seriously should mean taking politics seriously. The major voices in the Bible from beginning to end are passionate advocates of a different kind of world here on earth and here and now. Many American Christians are wary of doing this, for more than one reason. Some are so appalled by the politics of the Christian Right that they have rejected the notion that Christianity has anything to do with politics. Moreover, the word “politics” has negative associations in our time. Many think of narrowly partisan politics, as if politics is merely about party affiliation. Many also dismiss politics as petty bickering, as ego-driven struggles for power, even as basically corrupt. But there is a broader meaning of the word that is essential. This broader meaning is expressed by the linguistic root of the English word. It comes from the Greek word polis, which means “city.” Politics is about the shape and shaping of “the city” and by extension of large-scale human communities: kingdoms, nations, empires, the world. In this sense, politics matters greatly: it is about the structures of a society. Who rules? In whose benefit? What is the economic system like?—fair, or skewed toward the wealthy and powerful? What are the laws and conventions of the society like? Hierarchical? Patriarchal? Racist? Xenophobic? Homophobic? For Christians, especially in a democratic society in which they are a majority, these questions matter. To abandon politics means leaving the structuring of society to those who are most concerned to serve their own interests. It means letting the Pharaohs and monarchs and Caesars and domination systems, ancient and modern, put the world together as they will. In a democracy, politics in the broad sense does include how we vote. But it also includes more: what we support in our conversations, our contributions, monetary and otherwise, our actions. Not every Christian is called to be an activist. But all are called to take seriously God’s dream for a more just and nonviolent world.

Neoliberalism doesn’t want to do away with politics – neoliberalism wants to put politics at the service of the market. Neoliberals don’t think that the economy should be left in peace, but rather they are for the economy being guided, supported and protected through the spreading of social norms that facilitate competition and rational behaviour. Neoliberal economic theory isn’t built on keeping the hands of politics off the market, it’s built on keeping the hands of politics busy with satisfying the needs of the market. It’s not true that neoliberalism doesn’t want to pursue monetary, fiscal, family or criminal policies. It is rather that monetary, fiscal, family and criminal policies should all be used to procure what the market needs.

In musing on all that occurred in the course of the several years of harassment the error I decided I made, and others frequently make, is to assume that we are all academics trying to sort out intellectual issues. The False Memory Syndrome Foundation is a political organization composed primarily of individuals who have been accused of child sexual abuse and those who support and defend them, sometimes for considerable sums. Such people are not going to be swayed by the research. They start with a fixed point of view-the need to deflect threat. That threat comes in the form of public exposure, loss of income, monetary penalties, or even in some cases incarceration. I heard a colleague say recently, in referring to the 30 or so studies that document the existence of recovered memory, “You get to the point where you wonder when is it going to be enough.” It is never going to be enough if the point is not searching for the truth but protecting a particular point of view. Confessions of a Whistle-Blower: Lessons Anna C. Salter. Ethics & Behavior, Volume 8, Issue 2 June 1998

In a traditional society, individuals are aware that they will need children to support them in the future, and so will spend their healthy young years starting a family and investing in giving their children the best life possible. But if long-term investment in general is disincentivized, if saving is likely to be counterproductive as money depreciates, this investment becomes less profitable. Further, as politicians sell people the lie that eternal welfare and retirement benefits are possible through the magic of the monetary printing press, the investment in a family becomes less and less valuable. Over time, the incentive to start a family declines and more and more people end up leading single lives. More marriages are likely to break down as partners are less likely to put in the necessary emotional, moral, and financial investment to make them work, while marriages that do survive will likely produce fewer children. The well-known phenomenon of the modern breakdown of the family cannot be understood without recognizing the role of unsound money allowing the state to appropriate many of the essential roles that the family has played for millennia, and reducing the incentive of all members of a family to invest in long-term familial relations.

Financial Times commentator Martin Wolf concluded in 2010: "We already know that the earthquake of the past few years has damaged Western economies, while leaving those of emerging countries, particularly Asia, standing. It has also destroyed Western prestige. The West has dominated the world economically and intellectually for at least two centuries. That epoch is now over. Hitherto, the rulers of emerging countries disliked the West's pretensions, but respected its competence. This is true no longer. Never again will the West have the sole word." I was reminded of the Asian financial crisis in 1997. When Asian economies were devastated by similarly foolish borrowing the West – including the International Monetary Fund and World Bank – prescribed bitter medicine. They extolled traditional free market principles: Asia should raise interest rates to support sagging currencies, while state spending, debt, subsidies should be cut drastically. Banks and companies in trouble should be left to fail, there should be no bail-outs. South Korea, Thailand, Indonesia were pressured into swallowing the bitter medicine. President Suharto paid the ultimate price: he was forced to resign. Anger against the IMF was widespread. I was in Los Angeles for a seminar organised by the Claremont McKenna College to discuss, among other things, the Asian crisis. The Thai speaker resorted to profanity: F-- the IMF, he screamed. The Asian press was blamed by some Western academics. If we had the kind of press freedoms the West enjoyed, we could have flagged the danger before the crisis hit. Western credibility was torn to shreds when the financial tsunami struck Wall Street. Shamelessly abandoning the policy prescriptions they imposed on Asia, they decided their banks and companies like General Motors were too big to fail. How many Asian countries could have been spared severe pain if they had ignored the IMF? How vain was their criticism of the Asian press, for the almost unfettered press freedoms the West enjoyed had failed to prevent catastrophe.

In the 1860s, during its civil war, the US suspended gold convertibility and printed paper money (known as “greenbacks”) to help monetize war debts. Around the time the US returned to its gold peg in the mid-1870s, a number of other countries joined the gold standard; most currencies remained fixed against it until World War I. Major exceptions were Japan (which was on a silver-linked standard until the 1890s, which led its exchange rate to devalue against gold as silver prices fell during this period) and Spain, which frequently suspended convertibility to support large fiscal deficits. During World War I, warring countries ran enormous deficits that were funded by central banks’ printing and lending of money. Gold served as money in foreign transactions, as international trust (and hence credit) was lacking. When the war ended, a new monetary order was created with gold and the winning countries’ currencies, which were tied to gold. Still, between 1919 and 1922 several European countries, especially those that lost the war, were forced to print and devalue their currencies. The German mark and German mark debt sank between 1920 and 1923. Some of the winners of the war also had debts that had to be devalued to create a new start. With debt, domestic political, and international geopolitical restructurings done, the 1920s boomed, particularly in the US, inflating a debt bubble. The debt bubble burst in 1929, requiring central banks to print money and devalue it throughout the 1930s. More money printing and more money devaluations were required during World War II to fund military spending. In 1944–45, as the war ended, a new monetary system that linked the dollar to gold and other currencies to the dollar was created. The currencies and debts of Germany, Japan, and Italy, as well as those of China and a number of other countries, were quickly and totally destroyed, while those of most winners of the war were slowly but still substantially depreciated. This monetary system stayed in place until the late 1960s. In 1968–73 (most importantly in 1971), excessive spending and debt creation (especially by the US) required breaking the dollar’s link to gold because the claims on gold that were being turned in were far greater than the amount of gold available to redeem them. That led to a dollar-based fiat monetary system, which allowed the big increase in dollar-denominated money and credit that fueled the inflation of the 1970s and led to the debt crisis of the 1980s. Since 2000, the value of money has fallen in relation to the value of gold due to money and credit creation and because interest rates have been low in relation to inflation rates. Because the monetary system has been free-floating, it hasn’t experienced the abrupt breaks it did in the past; the devaluation has been more gradual and continuous. Low, and in some cases negative, interest rates have not provided compensation for the increasing amount of money and credit and the resulting (albeit low) inflation.

The satanic spirit of the secret sect will push the Church to the brink of collapse. Apostasies will occur, from the secret sect that has influenced education by monetary support, in countries of the western world. Contempt for the sacred will include, trying to eliminate consecration of the bread and the wine from the Holy Mass. This is still an ultimate goal of the Freemasonry/Illuminati.

British and French monetary officials often resisted the creation of national central banks. Their nations having lost military and political influence, they suggested reforming existing currency boards that kept local currencies tied to the franc or the pound sterling. By contrast, unorthodox U.S. money doctors like the Federal Reserve Bank’s Robert Triffin encouraged and aided the creation of national central banks. Triffin understood the necessity of supporting economic nationalism that espoused a strong central bank in former European colonies in order to reorient their economies away from the colonizing metropole—and communist alternatives—and towards the international market.

However, when we step back and take a longer-term perspective, bitcoin’s supply trajectory looks anything but linear (see Figure 4.2). In fact, by the end of the 2020s it will approach a horizontal asymptote, with annual supply inflation less than 0.5 percent. In other words, Satoshi rewarded early adopters with the most new bitcoin to get sufficient support, and in so doing created a big enough base of monetary liquidity for the network to use. He understood that if bitcoin was a success over time its dollar value would increase, and therefore he could decrease the rate of issuance while still rewarding its supporters.

The wealth effect is one pillar supporting the Fed’s zero-interest-rate policy and profligate money printing since 2008. The transmission channels are easy to follow. If rates are low, more Americans can afford mortgages, which increases home buying, resulting in higher prices for homes. Similarly, with low rates, brokers offer cheap margin loans to clients, which result in more stock buying and higher stock prices.

We were guided by what we had learned from the charitable giving we had done over several decades. One principle was to make the gift transformative, with an impact well beyond what you’d expect from the monetary amount. We also wanted to fund projects that wouldn’t happen without our support. These conditions were met.

Some men use love as a excuse to leech off women, mistaking dependency for devotion. Financial independence is not a gift to be earned, but a right to be claimed. Stand on your own feet, men, and let love be a mutual support, not a monetary crutch.

Digging into Myanmar's Statistical surveying Scene: Investigating AMT Statistical surveying from there, the sky is the limit Myanmar, a country wealthy in culture and legacy, is likewise a developing business sector with tremendous potential for business development. As organizations hope to venture into Myanmar, statistical surveying assumes a urgent part in understanding buyer conduct, market patterns, and business open doors. In this article, we will dive into the scene best market research companies in Myanmar, zeroing in on one of the conspicuous players in the business, AMT Statistical surveying, as well as other key parts of the statistical surveying scene in the country. AMT Statistical surveying: A Main Player in Myanmar AMT Statistical surveying has set up a good foundation for itself as one of the most mind-blowing best market research companies in Myanmar, known for its far reaching and quick examination administrations. With an emphasis on giving significant experiences to organizations, AMT Statistical surveying offers an extensive variety of exploration administrations custom-made to meet the different requirements of clients working in Myanmar. From customer conduct examination to industry-explicit exploration, AMT Statistical surveying has reliably conveyed top notch research reports, acquiring the trust of neighborhood and global organizations the same. The organization's profound comprehension of the neighborhood market elements, combined with its powerful examination systems, separates it as a significant accomplice for organizations hoping to explore the intricacies of the Myanmar market. By utilizing both quantitative and subjective examination draws near, AMT Statistical surveying guarantees that its clients gain a comprehensive comprehension of the market scene, empowering informed navigation and vital preparation. Statistical surveying Scene in Myanmar: Amazing open doors and Difficulties Past the presence of driving statistical surveying firms like AMT Statistical surveying, Myanmar's statistical surveying scene presents a blend of chances and difficulties. As the nation keeps on going through quick monetary and social change, there is a developing interest for exact and solid market knowledge. This request is driven by the requirement for organizations to adjust to advancing purchaser inclinations, administrative changes, and serious elements inside the market. In any case, directing best market research companies in Myanmar isn't without its difficulties. Factors like restricted admittance to solid information, social subtleties, and the requirement for limited research approaches present huge obstacles for statistical surveying firms working in the country. Exploring these difficulties requires a profound comprehension of the nearby setting, as well as the capacity to adjust research systems to suit the exceptional qualities of the Myanmar market. Arising Patterns in Myanmar's Statistical surveying Industry In spite of the difficulties, Myanmar's statistical surveying industry is seeing a few arising patterns that are forming how examination is directed in the country. One such pattern is the rising reception of innovation driven research devices and information investigation. Statistical surveying firms are utilizing progressed information assortment strategies, including versatile studies and online entertainment checking, to catch continuous bits of knowledge and patterns. Moreover, there is a developing accentuation on supportability and moral examination rehearses inside the business. As organizations look to line up with worldwide norms of corporate obligation, statistical surveying firms are integrating ecological, social, and administration (ESG) factors into their exploration structures, furnishing clients with a more thorough perspective available scene. Taking everything into account, Myanmar's statistical surveying scene is advancin

Digging into Myanmar's Statistical surveying Scene: Investigating AMT Statistical surveying from there, the sky is the limit Myanmar, a country wealthy in culture and legacy, is likewise a developing business sector with tremendous potential for business development. As organizations hope to venture into Myanmar, statistical surveying assumes a urgent part in understanding buyer conduct, market patterns, and business open doors. In this article, we will dive into the scene best market research companies in Myanmar, zeroing in on one of the conspicuous players in the business, AMT Statistical surveying, as well as other key parts of the statistical surveying scene in the country. AMT Statistical surveying: A Main Player in Myanmar AMT Statistical surveying has set up a good foundation for itself as one of the most mind-blowing best market research companies in Myanmar, known for its far reaching and quick examination administrations. With an emphasis on giving significant experiences to organizations, AMT Statistical surveying offers an extensive variety of exploration administrations custom-made to meet the different requirements of clients working in Myanmar. From customer conduct examination to industry-explicit exploration, AMT Statistical surveying has reliably conveyed top notch research reports, acquiring the trust of neighborhood and global organizations the same. The organization's profound comprehension of the neighborhood market elements, combined with its powerful examination systems, separates it as a significant accomplice for organizations hoping to explore the intricacies of the Myanmar market. By utilizing both quantitative and subjective examination draws near, AMT Statistical surveying guarantees that its clients gain a comprehensive comprehension of the market scene, empowering informed navigation and vital preparation. Statistical surveying Scene in Myanmar: Amazing open doors and Difficulties Past the presence of driving statistical surveying firms like AMT Statistical surveying, Myanmar's statistical surveying scene presents a blend of chances and difficulties. As the nation keeps on going through quick monetary and social change, there is a developing interest for exact and solid market knowledge. This request is driven by the requirement for organizations to adjust to advancing purchaser inclinations, administrative changes, and serious elements inside the market. In any case, directing best market research companies in Myanmar isn't without its difficulties. Factors like restricted admittance to solid information, social subtleties, and the requirement for limited research approaches present huge obstacles for statistical surveying firms working in the country. Exploring these difficulties requires a profound comprehension of the nearby setting, as well as the capacity to adjust research systems to suit the exceptional qualities of the Myanmar market. Arising Patterns in Myanmar's Statistical surveying Industry In spite of the difficulties, Myanmar's statistical surveying industry is seeing a few arising patterns that are forming how examination is directed in the country. One such pattern is the rising reception of innovation driven research devices and information investigation. Statistical surveying firms are utilizing progressed information assortment strategies, including versatile studies and online entertainment checking, to catch continuous bits of knowledge and patterns. Moreover, there is a developing accentuation on supportability and moral examination rehearses inside the business. As organizations look to line up with worldwide norms of corporate obligation, statistical surveying firms are integrating ecological, social, and administration (ESG) factors into their exploration structures, furnishing clients with a more thorough perspective available scene. Taking everything into account, Myanmar's statistical surveying scene

When the Fed makes a loan, taking securities or bank loans as collateral, the recipient of the loan deposits the funds in a commercial bank. The bank in turn adds the funds to its reserve account at the Fed. When banks hold substantial reserves, they have little need to borrow from other banks, and so the interest rate that banks charge each other for short-term loans—the federal funds rate—tends to fall. But the FOMC targets that same short-term interest rate when making monetary policy. Without offsetting action, our emergency lending—by increasing the reserves that banks held at the Fed—would tend to push down the federal funds rate and other short-term interest rates. Since April, we had set our target for the federal funds rate at 2 percent—the right level, we thought, to balance our goals of supporting employment and keeping inflation under control. We needed to continue our emergency lending and at the same time prevent the federal funds rate from falling below 2 percent. Thus far, we had successfully resolved the potential inconsistency by selling a dollar’s worth of Treasury securities from our portfolio for each dollar of our emergency lending. The sales of Treasuries drained reserves from the banking system, offsetting the increase in reserves created by our lending. This procedure, known as sterilization, allowed us to make loans as needed while keeping short-term interest rates where we wanted them.

Almost all governments supported the single currency project, on political grounds even more than economic ones. The most powerful commitment came from France, where a tradition of support for exchange-rate stability was bolstered by the desire to share in the control of a European central bank and thus recover some of the monetary autonomy that had in practice been lost to the Bundesbank. Other member states, apart from Denmark and the UK—both of which secured opt-outs from any commitment to join a single currency—accepted such arguments, especially in the context of a newly unified Germany. For Germany, however, while the political motive for accepting the single currency as a French condition of unification was decisive, there were still reservations about replacing the Deutschmark, with its well-earned strength and stability, by an unproven currency. However, the possibility of building a similar system across the EU was clearly an important motivating factor for an export-driven economy like Germany’s; if other states would accept the logic of macroeconomic coordination alongside the currency itself, then this would ultimately serve Germany’s interests.

managers don’t seem to be aware of this. In a related study, Amabile asked 669 managers to rank five different factors affecting employee morale: support for making progress, recognition for good work, monetary incentives, interpersonal support, and clear goals. Only 5 percent ranked support for making progress first, and most ranked it dead last.

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Sharing music with others and the joy of making music is the main reason so many people practice so diligently. Money has nothing to do with that pleasure. Great live music is one of the best gifts you can give or receive. Good live music is social glue, and making music with others is its own reward, one that reaches far beyond mere monetary compensation. However, if you’re interested in supporting yourself financially with your music, I humbly offer up the following advice.

Why do some of us work hard and some of us sit on our asses all day? Dan Pink, a New York Times and Wallstreet Journal bestselling author, argues that there are three main motivators―and they’re not what you think. Money doesn’t make the list. In fact, money can be a demotivator. It turns out that once you get beyond work that only requires rudimentary cognitive skill, higher monetary rewards are inversely related to performance. Instead, emotion becomes the driving force. More specifically, Pink defines the three main motivators as autonomy, mastery, and purpose.2 This has been backed up by numerous scientific studies. Here’s one: “Psychologists Teresa Amabile and Steven Kramer interviewed over 600 managers and found a shocking result. 95 percent of managers misunderstood what motivates employees. They thought what motivates employees was making money, getting raises and bonuses. In fact, after analyzing over 12,000 employee diary entries, they discovered that the number one work motivator was emotion, not financial incentive: It’s the feeling of making progress every day toward a meaningful goal.”3 Consider what this means. If you aren’t hardworking, maybe it’s not because you’re lazy, but because you hate what you’re working on! I believe there’s a hustler in all of us. It isn’t about your genetic makeup. It’s about your environment and the emotional state in which you’re operating. If you’re having trouble getting up in the morning and going to work, there’s a good chance you’d be happier hustling. You just need to find the right thing to be hustling toward, and the right people to support you. If you had all the free time in the world, what would you want to master? What would give you a sense of purpose? What would make your heart beat a little louder? The hustle is somewhere inside you. You just have to find it and set it free.

If your monetary wealth accumulates naturally and spontaneously, then let it accumulate, but do not lean on it for support. You may take its support and feel a sense of relief, but there is no telling when that support will move away. Therefore, conduct yourself with caution from the beginning so that you are not shaken up during time of painful experiences.

The situation was vastly different way back in 1968-69. The politicians and the bureaucrats hadn’t yet found the open sesame mantra into the national treasury. Most of them depended on the lowly SIB representatives for monetary help, tactical support and for building bridges with the political bosses and the top bureaucrats in Delhi. The situation has now reversed. The local political bosses like their counterparts in Delhi and elsewhere in India, have found the open sesame keys and are in a position to shame some of the millionaire barons of industry. Now, I understand, they are not required to pamper the local SIB station chief. They can shop around in Delhi, right from the top political to the chick bureaucratic shopping mall and spend as much as they like. They arrive in Delhi with suitcases and go back with political support and plan and non-plan budgetary grants and aids. Most of these allocations, even a blind person can perceive, travel straight to the private coffers of the adventurers and fortune hunters. That’s how the development activities are implemented in India to remove poverty and to bring the people up to civilised standard of living!

them out if they make dumb choices. Let them struggle; let them learn; let them take responsibility. They need to figure out the importance of working hard, saving money, being smart. For God’s sake, don’t be a damned fool and then go begging the government to save you.” This is not a stupid argument. I come at the issues differently, of course, as someone who supports a strong social safety net. But this more conservative view represents a considered and consistent position, worthy of respect. Lower-income conservatives are making the same kind of argument that rich liberals are making. They are willing to make monetary sacrifices to answer the call of their fundamental values. For liberals, those values are more about the common good and enlightened self-interest. For conservatives, those values are more about the importance of independence and personal responsibility. But both sides rightfully see their voting behavior as needing to reflect more than just a vulgar calculation about their immediate pocketbook needs. If one side deserves respect, then so does the other.*1 Of course, respecting our opponent’s argument doesn’t mean we have to just accept it and give in. It doesn’t mean we shouldn’t argue passionately about the best approach to taxes or spending—especially in a society as complex as ours, with the stakes as high as they are. In fact, we should disagree and debate. Debate is the lifeblood of democracy, after all. Disagreement is a good thing—even heated disagreement. Only in a dictatorship does everybody have to agree. In a democracy, nobody has to agree. That’s called freedom. It’s the whole point of America. But at the base of too many of our public discussions sits the same destructive assumption: I’m right. And you’re wrong. We proceed on both sides as if our side is grounded in “the Truth” and the other side is always insane and delusional. And some version of this flawed concept has become the default setting throughout American political discourse. It is one thing to say, “I disagree with you because we have different values and priorities.” It’s quite another to say, “I disagree with you because you are an uneducated idiot—a pawn—and a dupe.” The prevalence of the latter set of arguments is why the Democratic Party stinks of elitism. Here’s another liberal favorite: “How can we argue with conservatives? They don’t believe in facts anymore—only ‘alternative facts.’ At least, liberals believe in science. Right-wingers don’t!” I understand the source of liberal exasperation here. Even though any high school student can reproduce the greenhouse-gas effect in a laboratory beaker,

left home prepared for the unexpected. She did not relish being so far away from home and her daughter, Victoria, now a young woman of seventeen, for so long. Martha’s duties as the only midwife and healer in the area, however, carried heavy responsibilities and offered rewards, both monetary and spiritual, that often meant sacrifice—sacrifice she had been forced to make once she had been left widowed with two children to support and raise on her own. Although burdened with the sorrows of early widowhood more than ten years ago,

The US is no longer sure whether its priorities lie across the Atlantic, on the other side of the Pacific or, following the election of Donald Trump as president in 2016, at home rather than abroad. Indeed, President Trump confirmed as much in his January 2017 inauguration speech, stating that ‘From this day forward, it’s going to be only America first.’ Free markets have been found wanting, particularly following the global financial crisis. Support and respect for the international organizations that provided the foundations and set the ‘rules’ for post-war globalization – most obviously, the International Monetary Fund, the European Union and the United Nations Security Council (whose permanent members anachronistically include the UK and France, but not Germany, Japan, India or Indonesia) – are rapidly fading. Political narratives are becoming increasingly protectionist. It is easier, it seems, for politicians of both left and right to blame ‘the other’ – the immigrant, the foreigner, the stranger in their midst – for a nation’s problems. Voters, meanwhile, no longer fit into neat political boxes. Neglected by the mainstream left and right, many have opted instead to vote for populist and nativist politicians typically opposed to globalization. Isolationism is, once again, becoming a credible political alternative. Without it, there would have been no Brexit and no Trump.

The Fed is still on the same track.” Whatever you call it, the benign economic environment has supported a bull market since 2009, and though there were a few rocky days last week, the main market ingredients seemed to remain in place. For example, on Wednesday a government report on gross domestic product in the second quarter showed that the economy was growing smartly, even rapidly, at a 4 percent annualized rate; yet the Federal Reserve declared that inflation was low enough to allow the slowly moderating pace of its expansive monetary policy to remain on track. In a statement on Wednesday, the Federal Open Market Committee said the central bank would continue to ratchet down its bond purchases as planned, yet it also said its policies would “maintain downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative.” The Fed already holds more than $4 trillion in bonds, up from less than $1 billion when the financial crisis started, and it’s still buying more.

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I have observed an analogy between a force field equilibrium and resistance to change in organizations. Let us imagine change to be a coiled spring in a field of opposing forces, such that some forces support change and others resist it. By increasing supporting forces such as supervisory pressure, prospects of career growth and monetary benefits or decreasing the resisting forces such as group norms, social rewards and work avoidance, the situation can be directed towards the desired result - but for a short time only, and that too only to a certain extent. After a while the resisting forces push back with greater force as they are compressed even more tightly. Therefore, a better approach would be to decrease the resisting force in such a manner that there is no concomitant increase in the supporting forces. In this way, less energy will be needed to bring about and maintain change. The result of the forces i mentioned above, is motive.

I’ve spent years training you for this moment in history after I discovered you in that orphanage in London. So if they hadn’t chosen you even with my monetary donations, then I would feel as if I had wasted my time. What are you going to do next?” Karimi absolutely hated being associated with Evans; the man was not loyal to Islam, or any other religion for that matter. He was an absolute heathen. In normal times, he would call for the guards and then have Evans’ head separated from his body, but these were not normal times. Iran needed the support from Evans so they could finally nuke that stupid little country, Israel, out of existence. The next step after nuking Israel was to declare himself the Mahdi, the savior of Islam, but that was only if he could somehow get Evans out of the way.

As we know, integrationists saw EMU as a decisive step toward European unification, while different national leaders had different, but in each case political, reasons for supporting it. In contrast, most ‘neo-liberal’, or simply old-fashioned liberal, economists – from Milton Friedman to Martin Feldstein, from Kenneth Rogoff to Paul Krugman and the majority of German economists – opposed the idea of a centralized monetary policy for structurally diverse economies. After the introduction of the common currency, and even before the debt crisis of the euro zone, most competent economists continued to remain sceptical about the long-term success of the project – for good reasons.

Indeed, the consensual nature of the EU itself has meant that EU-level institutions are far weaker than certain federal institutions in the United States. These weaknesses were made painfully evident in the European debt crisis of 2010–2013. The United States Federal Reserve, Treasury, and Congress responded quite forcefully to its financial crisis, with a massive expansion of the Federal Reserve’s balance sheet, the $700 billion TARP, a second $700 billion stimulus package in 2009, and continuing asset purchases by the Fed under successive versions of quantitative easing. Under emergency circumstances, the executive branch was able to browbeat the Congress into supporting its initiatives. The European Union, by contrast, has taken a much more hesitant and piecemeal approach to the euro crisis. Lacking a monetary authority with the same powers as the Federal Reserve, and with fiscal policy remaining the preserve of national-level governments, European policy makers have had fewer tools than their American counterparts to deal with economic shocks.

I exaggerate only slightly when I tell audiences that, if they are impressed with Congress’s management of the federal budget, they should support audit-the-Fed legislation to give Congress the responsibility for making monetary policy as well.

How do you end inflation? The good news is that a nation doesn’t need tax hikes, super-high interest rates, horrible recessions—or even fishing restrictions. The way to do it, very simply, is to stabilize the value of money. How to achieve this? When a currency begins to slide, the first step should be for a government to publicly declare its intention to support its money, i.e., maintain its value. The way to do so is, very simply, by shrinking the monetary base.

Fiscal surpluses suck money out of the economy. Fiscal deficits do the opposite. As long as they’re not excessive, deficits can help to maintain a good economy by supporting incomes, sales, and profits.42 They’re not imperative, but if they disappear for too long, eventually the economy hits a wall.43 As Frederick Thayer, the prolific writer and professor of public and international affairs at the University of Pittsburgh, wrote in 1996, “the US has experienced six significant economic depressions,” and “each was preceded by a sustained period of budget balancing.”44 Table 1 details his findings.

The reason the loanable funds story is not in sync with reality is that it asks us to treat the federal government like a currency user. When we reject this naïve lens, we see that countries like the US aren’t dependent on borrowing to fund themselves, nor are they at the mercy of private investors when they do sell bonds.17 Uncle Sam is not a beggar, who must go hat in hand, in search of funding to support his desired spending. He’s a muscular currency issuer! He can choose to borrow (or not), and Congress can always decide what rate of interest it will pay on any bonds it decides to offer. That’s not true of all countries, but it is true of those with monetary sovereignty.

To me, with more fiscal help unlikely, it seemed clear that the economy needed more support from monetary policy.

lawmakers can feign empathy with their constituents while claiming their hands are tied because of the deficit. If they couldn’t hide behind the deficit myth, what excuse would they use to justify withholding support? It helps

Slavery still exists, and it is now in the form of the United Nations International Monetary Fund instead of the East India Company. Although the IMF supports the achievement of macroeconomic stability and poverty reduction in developing countries, the conditions the IMF imposes differ from its context; and cause more instability and poverty in developed countries. Factually, the IMF focuses on its particular interests, not on its monopolistic and awkward conditions that turn into civilized slavery and a biting economic burden on the public and their republic. These realities mirror the UN-IMF.

The analysis of the /General Theory /shows that inflation is a real, not a monetary, phenomenon. It operates in two stages (once more giving a crudely simple account of an intricate process). An increase in effective demand meeting an inelastic supply of goods raises prices. When food is supplied by a peasant agriculture a rise of the prices of foodstuffs is a direct increase of money income to the sellers and increases their expenditure. The higher cost of living sets up a pressure to raise wage rates. So money incomes rise all round, prices are bid up all the higher and a vicious spiral sets in. The first stage — a rise of effective demand — can very easily be prevented by not having any development. But if there is to be development there must be a stage when investment increases relatively to consumption. There must be an increase in effective demand and a tendency towards inflation. The problem is how to keep it within bounds. Some schemes of investment that seem to be clearly indispensable to improvements in the long run, such as electrical installations, take a long time to yield any fruit and meanwhile the workers engaged on these have to be supplied. The secret of non-inflationary development is to allocate the right amount of quick-yielding, capital-saving investment to the consumption-good sector (especially agriculture) to generate a sufficient surplus to support the necessary large schemes. It is in this kind of analysis, rather than in the mystifications of “deficit finance,” that the clue to inflation is to be found. [pp. 110-11]

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