Printed Money Quotes

When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.

It's complicated.' 'So's quantitative easing. But I still get that it means printing money.

Get serious about telling me where that money is," said Conté, "or I'll kick your ass so hard every piece of shit that falls out of it for the rest of your life will have my gods-damned heel print on it.

In a capitalist society there are always inequalities of class and wealth. People who inherit money and property will always see themselves as being superior to those who have to work for it.

The problem is this: in order to make money- lots of money- we don't need flawless literary masterpieces. What we need is mediocre rubbish, trash suitable for mass consumption. More and more, bigger and bigger blockbusters of less and less significance. What counts is the paper we sell, not the words that are printed on it.

REMEMBER THAT INFLATION IS ONLY THE ACT OF PRINTING MONEY IN EXCESS OF GROSS NATIONAL PRODUCT. THEY COULD BLAME IT ON THE PRICE OF WIDGETS OR OIL ONLY BECAUSE YOU NEVER KNEW THE REAL CAUSE. THE REAL CAUSE AND THE ONLY CAUSE OF INFLATION IS THE PRINTING OF MORE MONEY BEYOND THE GROSS NATIONAL PRODUCT.]

It was all part of a way of doing things in the United States that, as I would gradually realize, forced you to be constantly on guard, constantly worried that whatever amount of money you had or earned would never be enough, and constantly anxious about navigating the complex and mysterious fine print thrown at you from every direction by corporations that had somehow managed to evade even the bare minimum of sensible protections for consumers.

Government does not create resources when it taxes people and prints money; it merely redistributes the wealth.

The printing presses of the state treasuries cranked out reams of paper currency- showing wise kinds and blissful martyrs- while bankers wept and peasants starved.

Next, Cohn repeated what everyone was saying: Interest rates were going to go up over the foreseeable future. I agree, Trump said. “We should just go borrow a lot of money right now, hold it, and then sell it and make money.” Cohn was astounded at Trump’s lack of basic understanding. He tried to explain. If you as the federal government borrow money through issuing bonds, you are increasing the U.S. deficit. What do you mean? Trump asked. Just run the presses—print money.

The money… will talk?' said Mr Spools carefully. 'Imps,' said Moist. 'They're only a sort of intelligent spell. They don't even have to have a shape. We'll print them on the higher denominations.

The instant that any government obtains a monetary printing press, it becomes a deeply dishonest government, empowered to rob people by stealth. A government with the power to print money knows no limits.

Mr. Worthington, I understand that you do not control Chuck and Jasper. But you see, I am in a similar situation. I do not control the little devil sitting on my left shoulder. The devil is saying, "PRINT THE PICTURE PRINT THE PICTURE TAPE IT UP ALL OVER SCHOOL DO IT DO IT DO IT." And then on my right shoulder, there is a little tiny white angel. And the angel is saying, "Man, I sure as shit hope all those freshmen get their money bright and early on Monday morning." So do I, little angel. So do I. Best Wishes, Your friendly Neighboorhood Nemesis.

The newspaper of today far too often rush into print with stories that are essentially little more than tips, or hints of something toxic or criminal. For lack of time, money or skilled staff, we are besiege with "he said, she said".

What do you mean? Trump asked. Just run the presses—print money.

There's plenty of money out there. They print more every day. But this ticket, there's only five of them in the whole world, and that's all there's ever going to be. Only a dummy would give this up for something as common money. Are you a dummy?

Ronan wasn’t exactly sure why he was angry. Although Gansey had done nothing to invoke his ire, he was definitely part of the problem. Currently, he propped his cell between ear and shoulder as he eyed a pair of plastic plates printed with smiling tomatoes. His unbuttoned collar revealed a good bit of his collarbone. No one could deny that Gansey was a glorious portrait of youth, the well-tended product of a fortunate and moneyed pairing. Ordinarily, he was so polished that it was bearable, though, because he was clearly not the same species as Ronan’s rough-and-ready family. But tonight, under the fluorescent lights of Dollar City, Gansey’s hair was scuffed and his cargo shorts were a greasy ruin from mucking over the Pig. He was barelegged and sockless in his Top-Siders and very clearly a real human, an attainable human, and this, somehow, made Ronan want to smash his fist through a wall.

The remarkable thing was that everyone accepted the entire process, seemingly as normal as physical laws of nature, despite the fact that it was really as ethereal as a rainbow. The money did not physically exist. Even “real” money was only specially made paper printed with black ink on the front and green on the back. What backed the money was not gold or something of intrinsic value, but rather the collective belief that money had value because it had to have such value.

Although the word 'economy' may bring the term money to the minds of many, the truth is that for the whole of society money is nothing more than an artificial instrument that allows real things to be done, otherwise , the government could make us all rich simply by printing more bills. It is not money but the volume of goods and services that determines whether a country is poor or prosperous.

Like all canned food, love has an expiration date, a price tag, and a warning label. In order to love, you need to check the price tag to see if you have enough money in your wallet, observe the warnings given in fine print, and finish matters before the expiration date. Only then is it a smooth process for everyone.

Printing currency for foreigners to buy is the best racket a government can get into.

Give a typical employee a million, and, he is most likely to use the money to print his CV on fancier paper.

Blood might be thicker than water, but both were thinner than money

For as long as the government could print more money and have that money accepted by its citizens and foreigners, it could keep financing the war.

Each copy is guaranteed—or double your money back—to be printed on genuine paper of enough pages to hold the covers apart.

I feel compelled to point out," said Sophie finally, "that you've just refused to take money from me now because I'm drunk. But you've invited me to a party where you presumably try to get a lot of people drunk and then ask them for money." "Yeah, it's not unethical if you print invitations.

If the world economy is going to revive, I believe commodities are going to lead it back up. If the world economy is not going to revive, commodities are still the place to be—especially with governments printing so much money. Look at the 1970s. The world economy was in the tank, but commodities did very well.

It is true that the materialistic society, the so-called culture that has evolved under the tender mercies of capitalism, has produced what seems to be the ultimate limit of this worldliness. And nowhere, except perhaps in the analogous society of pagan Rome, has there ever been such a flowering of cheap and petty and disgusting lusts and vanities as in the world of capitalism, where there is no evil that is not fostered and encouraged for the sake of making money. We live in a society whose whole policy is to excite every nerve in the human body and keep it at the highest pitch of artificial tension, to strain every human desire to the limit and to create as many new desires and synthetic passions as possible, in order to cater to them with the products of our factories and printing presses and movie studios and all the rest.

If the government controls, guarantees, channels, or directs investment, it is not capitalism. Pivotal to the investment process is interest rates. For entrepreneurs to control capital, interest rates must reflect its real cost rather than merely the cost of printing money. Otherwise the money printers will dominate investment.

Well, I wasn't going to abuse him. I was only going to ask: Is there any quality which distinguishes his work from that of twenty struggling writers one could name? Of course not. He's a clever, prolific man; so are they. But he began with money and friends; he came from Oxford into the thick of advertised people; his name was mentioned in print six times a week before he had written a dozen articles. This kind of thing will become the rule. Men won't succeed in literature that they may get into society, but will get into society that they may succeed in literature.

Jubal shrugged. "Abstract design is all right-for wall paper or linoleum. But art is the process of evoking pity and terror, which is not abstract at all but very human. What the self-styled modern artists are doing is a sort of unemotional pseudo-intellectual masturbation. . . whereas creative art is more like intercourse, in which the artist must seduce- render emotional-his audience, each time. These ladies who won't deign to do that- and perhaps can't- of course lost the public. If they hadn't lobbied for endless subsidies, they would have starved or been forced to go to work long ago. Because the ordinary bloke will not voluntarily pay for 'art' that leaves him unmoved- if he does pay for it, the money has to be conned out of him, by taxes or such." "You know, Jubal, I've always wondered why i didn't give a hoot for paintings or statues- but I thought it was something missing in me, like color blindness." "Mmm, one does have to learn to look at art, just as you must know French to read a story printed in French. But in general terms it's up to the artist to use language that can be understood, not hide it in some private code like Pepys and his diary. Most of these jokers don't even want to use language you and I know or can learn. . . they would rather sneer at us and be smug, because we 'fail' to see what they are driving at. If indeed they are driving at anything- obscurity is usually the refuge of incompetence. Ben, would you call me an artists?” “Huh? Well, I’ve never thought about it. You write a pretty good stick.” “Thank you. ‘Artist’ is a word I avoid for the same reasons I hate to be called ‘Doctor.’ But I am an artist, albeit a minor one. Admittedly most of my stuff is fit to read only once… and not even once for a busy person who already knows the little I have to say. But I am an honest artist, because what I write is consciously intended to reach the customer… reach him and affect him, if possible with pity and terror… or, if not, at least to divert the tedium of his hours with a chuckle or an odd idea. But I am never trying to hide it from him in a private language, nor am I seeking the praise of other writers for ‘technique’ or other balderdash. I want the praise of the cash customer, given in cash because I’ve reached him- or I don’t want anything. Support for the arts- merde! A government-supported artist is an incompetent whore! Damn it, you punched one of my buttons. Let me fill your glass and you tell me what is on your mind.

The great masses, who have never been, in the history of mankind, more subject to hypnotic suggestion than they are right now, have become the puppets of the "public opinion" that is engineered by the newspapers in the service, it need hardly be emphasized, of the reigning powers of finance. What is printed in the morning editions of the big city newspapers is the opinion of nine out of ten readers by nightfall. The United States of America, whose more rapid "progress" enables us to predict the future on a daily basis, has pulled far ahead of the pack when it comes to standardizing thought, work, entertainment, etc. Thus, the United States in 1917 went to war against Germany in sincere indignation because the newspapers had told them that Prussian "militarism" was rioting in devilish atrocities as it attempted to conquer the world. Of course, these transparent lies were published in the daily rags because the ruling lords of Mammon knew that American intervention in Europe would fatten their coffers. Thus, whereas the Americans thought that they were fighting for such high-minded slogans as "liberty" and "justice," they were actually fighting to stuff the money bags of the big bankers. These "free citizens" are, in fact, mere marionettes; their freedom is imaginary, and a brief glance at American work-methods and leisure-time entertainments is enough to prove conclusively that l’homme machine is not merely imminent: it is already the American reality.

We are the only species on the planet without full employment. Brilliant. We have an economy that tells us that it is cheaper to destroy Earth in real time than to renew, restore, and sustain it. You can print money to bail out a bank, but you can’t print life to bail out a planet. At present we are stealing the future, selling it in the present, and calling it “gross domestic product.

But you see, I am in a similar situation. I do not control the little devil sitting on my left shoulder. The devil is saying, "PRINT THE PICTURE PRINT THE PICTURE TAPE IT UP ALL OVER SCHOOL DO IT DO IT DO IT." And then on my right shoulder, there is a little tiny white angel. And the angel is saying, "Man, I sure as **** hope all those freshmen get their money bright and early on Monday morning." So do I, little angel. So do I.

Printing dollars at home means higher inflation in China, higher food prices in Egypt and stock bubbles in Brazil. Printing money means that U.S. debt is devalued so foreign creditors get paid back in cheaper dollars. The devaluation means higher unemployment in developing economies as their exports become more expensive for Americans. The resulting inflation also means higher prices for inputs needed in developing economies like copper, corn, oil and wheat. Foreign countries have begun to fight back against U.S.-caused inflation through subsidies, tariffs and capital controls; the currency war is expanding fast.

Ecofont is designed to save ink, money and eventually the planet, but heaven save us from worthy fonts. Ecofont is a program that adds holes to a font. The software takes Arial, Verdana, Times New Roman and prints them is if they had been attacked by moths. They retain their original shape but not their original form, and so lose their true weight and beauty... a study at the University of Wisconsin claimed that Ecofonts, such as Ecofont Vera Sans, actually uses more ink and toner than lighter fonts such as Century Gothic...

One makes his own meanings as the counterfeiter prints his own money: both know full well that the value of either rests solely in the gullibility of its recipient...

Cosmic Ordering is a licence to print money.

Banks and governments print money, but ultimately, it is the scientists who foot the bill.

At the same time, France’s president Charles de Gaulle was turning in his country’s dollars for gold because he was concerned the U.S. was printing money to finance its spending.

debt eats equity but central banks can feed debt by printing money instead.

A fool and his money are soon parted but don't worry, The Fed always prints more.

The Deliverator had to borrow some money to pay for it. Had to borrow it from the Mafia, in fact. So he's in their database now—retinal patterns, DNA, voice graph, fingerprints, footprints, palm prints, wrist prints, every fucking part of the body that had wrinkles on it—almost—those bastards rolled in ink and made a print and digitized it into their computer.

How about the Federal Reserve, then, which has convinced millions that the paper it prints “is” “real” “money”? Prank or fraud? Or perhaps some species of magick that only other sorcerers can understand?

In 1960, The New York Times printed an advertisement titled “Heed Their Rising Voices” that attempted to raise money to defend Dr. Martin Luther King Jr. against perjury charges in Alabama. Southern officials responded by going on the offensive and suing the newspaper. Public Safety Commissioner L. B. Sullivan and Governor Patterson claimed defamation. A local jury awarded them half a million dollars, and the case was appealed to the U.S. Supreme Court. In a landmark ruling, New York Times v. Sullivan changed the standard for defamation and libel by requiring plaintiffs to prove malice—that is, evidence of actual knowledge on the part of the publisher that a statement is false. The ruling marked a significant victory for freedom of the press, and it liberated media outlets and publishers to talk more honestly about civil rights protests and activism.

And the irony is that the war purchases are recorded as a positive for economic growth and the GDP. Though the war spending is an economic negative and provides no improvement in the people’s standard of living, the government statisticians brag about an upward blip in the GDP. Besides, these bills are paid for by borrowing and printing money, thus increasing future debt obligations and causing higher prices for the next generation.

The hard work and big money you used to spend on frequent purchases of print and TV advertising now move to repeated engineering expenses and product failures. If anything, marketing is more time-consuming and expensive than it used to be. You’re just spending the money earlier in the process (and repeating the process more often). This is worth highlighting: The Purple Cow is not a cheap shortcut. It is, however, your best (perhaps only) strategy for growth.

Whether in their policy of religious tolerance, devising a universal alphabet, maintaining relay stations, playing games, or printing almanacs, money, or astronomy charts, the rulers of the Mongol Empire displayed a persistent universalism.

On economic matters Garrett had a brilliant simplicity. In November 1913, while editor of the Annalist, he began a monthly column on money in Everybody’s, writing as John Parr. One of the most common questions from readers was why the government simply didn’t print money to spend on public works, instead of borrowing it at interest. It was a variant of the Coxey idea. Garrett explained that money is not wealth, but a claim on wealth, and that you do not add to wealth by creating more claims to it.4

When about 16 years of age I happened to meet with a book, written by one Tryon, recommending a vegetable diet. I determined to go into it. My brother, being yet unmarried, did not keep house, but boarded himself and his apprentices in another family. My refusing to eat flesh occasioned an inconveniency, and I was frequently chid for my singularity. I made myself acquainted with Tryon's manner of preparing some of his dishes, such as boiling potatoes or rice, making hasty pudding, and a few others, and then proposed to my brother, that if he would give me, weekly, half the money he paid for my board, I would board myself. He instantly agreed to it, and I presently found that I could save half what he paid me. This was an additional fund for buying books. But I had another advantage in it. My brother and the rest going from the printing-house to their meals, I remained there alone, and, despatching presently my light repast, which often was no more than a bisket or a slice of bread, a handful of raisins or a tart from the pastry-cook's, and a glass of water, had the rest of the time till their return for study, in which I made the greater progress, from that greater clearness of head and quicker apprehension which usually attend temperance in eating and drinking.

One simple and basic fact of life is that no individual – or group of individuals – can ever be wise or knowledgeable enough to run society. Our core fantasy of “government” is that in some remote and sunlit chamber, with lacquered mahogany tables, deep leather chairs and sleepless men and women, there exists a group who are so wise, so benevolent, so omniscient and so incorruptible that we should turn over to them the education of our children, the preservation of our elderly, the salvation of the poor, the provision of vital services, the healing of the sick, the defense of the realm and of property, the administration of justice, the punishment of criminals, and the regulation of virtually every aspect of a massive, infinitely complex and ever-changing social and economic system. These living man-gods have such perfect knowledge and perfect wisdom that we should hand them weapons of mass destruction, and the endless power to tax, imprison and print money – and nothing but good, plenty and virtue will result.

When I was a teenager in Boston, a man on the subway handed me a card printed with tiny pictures of hands spelling out the alphabet in sign language. I AM DEAF, said the card. You were supposed to give the man some money in exchange. I have thought of that card ever since, during difficult times, mine or someone else's; surely when tragedy has struck you dumb, you should be given a stack of cards that explain it for you. When Pudding died, I wanted my stack. I still want it. My first child was stillborn, it would say on the front. It remains the hardest thing for me to explain, even now, or maybe I mean especially now - now that his death feels like a non sequitur. My first child was stillborn. I want people to know but I don't want to say it aloud. People don't like to hear it but I think they might not mind reading it on a card.

people to make money, the great minister Russel H. Conwell, author of Acres of Diamonds, said, “Money printed your Bible, money builds your churches, money sends your missionaries, and money pays your preachers, and you would not have many of them, either, if you did not pay them.

Whether in their policy of religious tolerance, devising a universal alphabet, maintaining relay stations, playing games, or printing almanacs, money, or astronomy charts, the rulers of the Mongol Empire displayed a persistent universalism. Because they had no system of their own to impose upon their subjects, they were willing to adopt and combine systems from everywhere. Without deep cultural preferences in these areas, the Mongols implemented pragmatic rather than ideological solutions. They searched for what worked best; and when they found it, they spread it to other countries. They did not have to worry whether their astronomy agreed with the precepts of the Bible, that their standards of writing followed the classical principles taught by the mandarins of China, or that Muslim imams disapproved of their printing and painting. The Mongols had the power, at least temporarily, to impose new international systems of technology, agriculture, and knowledge that superseded the predilections or prejudices of any single civilization; and in so doing, they broke the monopoly on thought exercised by local elites.

We read privately, mentally listening to the writer’s voice and translating the writer’s thoughts. The book remains static and fixed; the reader journeys through it. Picking up the book in the first place entails an active pursuit of understanding. Holding the book, we are aware of posterity and continuity. Knowing that the printed word is always edited, typeset and proof-read before it reaches us, we appreciate its literary authority. Having paid money for it (often), we have a sense of investment and a pride of ownership, not to mention a feeling of general virtue.

How can trade be bad if you don’t make money even when it’s good?” inquired Gleed, reasonably applying the information Harrison had given him. Jeff’s big moon eyes went over him slowly then turned to Harrison. “So he’s another bum off your boat, eh? What’s he talking about?” “Money,” explained Harrison. “It’s stuff we use to simplify trade. It’s printed stuff, like documentary obs of various sizes.” “That tells me a lot,” Jeff Baines observed. “It tells a crowd that has to make a printed record of every ob is not to be trusted — because they don’t even trust each other.

In effect, Wisconsin politicians forced the owners of these 8,000 small, family-owned and taxpaying businesses to turn over a month’s profits so the money could be given to one of the biggest companies in the world, General Electric, and its partners to make a film glamorizing violent theft.

The only way that the Treasury can redeem its debt to the Social Security Administration is to borrow the money from the public, run a surplus in its other activities or have the Federal Reserve print the money—the same alternatives that would be open to it to pay Social Security benefits if there were no trust fund.

By controlling the mass media – television, newspapers, radio, and print – the secret organization with the code name, Rothfellers, convinced people on earth to rebuild their weapons systems as a means of providing money and jobs for everyone. Computer games such as Tron, Space Commander, Defender, and PacMan, replaced Monopoly and other home games during the last of the twentieth century. The games were a scheme of the Rothfellers, with the aid of President Sam Emen, to secretly prepare young boys and girls for nuclear wars by programming their minds to handle computertized warfare. Such preparation would be useful, once the draft was brought into full force.

So many are looking for the Illumination version of self. I’m a healer, I’m a prophet, I’m a pastor, I need money, I need to be noticed, I’m popular online, so I must be right all the while the everyday stuff of ordinary life exhibiting the marvel of the grace of God is what we are called to be for the rest only get’s a “Depart from me!” Matthew 7:21-23.

Very little, really, in life is lost; material things, now and then; money which is material but necessary, often; friends, relatives, sometimes through estrangements. True love never, I believe. Death does not rob us of the essential person we have loved and still love. It deprives us of the physical presence, but never of the spiritual closeness, or of memories.

The government wants to fool its people by doubling the minimum wage but at the same time printing more than enough money into circulation. We can't solve problems by creating more problem for generations to come which is why Bitcoin and some other decentralized finance applications powered by blockchain technology looks to be our only hope of creating a better future.

Over the last few years, banks and governments have been frenziedly printing money. Everybody is terrified that the current economic crisis may stop the growth of the economy. So they are creating trillions of dollars, euros and yen out of thin air, pumping cheap credit into the system, and hoping that the scientists, technicians and engineers will manage to come up with something really big,

Most of what we got was crockery: from exotic crystal bowls to ceramic anomalies. Then, a cross-section of rugs- from a beautiful Kashmiri original to a memorable one with printed dragons and utterly incomprehensible hieroglyphics. Dibyendu (typically) gave us a scrabble set and Runai Maashi: that rocking chair. Yuppie work friends, trying to be unique and aesthetically offbeat, went for wind-chimes but there were really far too many of them by the end. We also got a fantastic number of white and off-white kurtas, jamdani sarees with complementary blouses, no less than nine suitcases, suit pieces, imported condoms, bed-sheets, bed-covers, coffee makers, coffee tables, coffee-table books, poetry books, used gifts (paintings of sunsets and other disasters), three nights and four days in Darjeeling, along with several variations of Durga, Ganesh and all the usual suspects in ivory, china, terracotta, papier-mâché, and what have you. Someone gave us a calendar that looking back, I think, was laudably sardonic. Others gave us money, in various denominations: from eleven to five hundred and one. And in one envelope, came a letter for her that she read in tears in the bathroom.’ ('Left from Dhakeshwari')

The murder was debated in the media, and different theories were espoused in print and on the radio and on morning chat shows. Experts were brought in to explain, condemn, justify Alicia’s actions. She must have been a victim of domestic abuse, surely, pushed too far, before finally exploding? Another theory proposed a sex game gone wrong—the husband was found tied up, wasn’t he? Some suspected it was old-fashioned jealousy that drove Alicia to murder—another woman, probably? But at the trial Gabriel was described by his brother as a devoted husband, deeply in love with his wife. Well, what about money? Alicia didn’t stand to gain much by his death; she was the one who had money, inherited from her father. And so it went on, endless speculation—no answers, only more questions—about Alicia’s motives and her subsequent silence.

Over the last few years, banks and governments have been frenziedly printing money. Everybody is terrified that the current economic crisis may stop the growth of the economy. So they are creating trillions of dollars, euros and yen out of thin air, pumping cheap credit into the system, and hoping that the scientists, technicians and engineers will manage to come up with something really big, before the bubble bursts. Everything

Over the last few years, banks and governments have been frenziedly printing money. Everybody is terrified that the current economic crisis may stop the growth of the economy. So they are creating trillions of dollars, euros and yen out of thin air, pumping cheap credit into the system, and hoping that the scientists, technicians and engineers will manage to come up with something really big, before the bubble bursts. Everything depends on the people in the labs.

The pity is that many Americans outside the elite bubbles know exactly what’s wrong, but our leaders seem determined to do nothing about it. Any attempt to cut the government chains and anchors off businesses so they can get back to growing, innovating, and creating jobs is demagogued as “tax breaks for the rich” or “favors for the one-percenters.” Never mind that many of those who would benefit are small-business owners who’ve been decimated over the past few years, first by the economic meltdown, then by government policies put in place to “fix” it. The money printed by the Fed to keep the economy pumped up flows to Wall Street, not Main Street, so small businesses aren’t borrowing it to pay for expansion. Even if they wanted to expand, about a third of all U.S. workers are employed by businesses with fifty or fewer employees, and Obamacare insures that if they hire a fifty-first, they’ll face crippling new costs for mandated health care.

The great irony, then, is that the nation’s most famous modern conservative economist became the father of Big Government, chronic deficits, and national fiscal bankruptcy. It was Friedman who first urged the removal of the Bretton Woods gold standard restraints on central bank money printing, and then added insult to injury by giving conservative sanction to perpetual open market purchases of government debt by the Fed. Friedman’s monetarism thereby institutionalized a régime which allowed politicians to chronically spend without taxing. Likewise, it was the free market professor of the Chicago school who also blessed the fundamental Keynesian proposition that Washington must continuously manage and stimulate the national economy. To be sure, Friedman’s “freshwater” proposition, in Paul Krugman’s famous paradigm, was far more modest than the vast “fine-tuning” pretensions of his “salt-water” rivals. The saltwater Keynesians of the 1960s proposed to stimulate the economy until the last billion dollars of potential GDP was realized; that is, they would achieve prosperity by causing the state to do anything that was needed through a multiplicity of fiscal interventions. By contrast, the freshwater Keynesian, Milton Friedman, thought that capitalism could take care of itself as long as it had precisely the right quantity of money at all times; that is, Friedman would attain prosperity by causing the state to do the one thing that was needed through the single spigot of M1 growth.

In 2003, when the United States invaded Iraq, aerial bombardment destroyed the Iraqi central bank and with it the capability of the Iraqi government to print new Iraqi dinars. This led to the dinar drastically appreciating overnight as Iraqis became more confident in the currency given that no central bank could print it anymore.20 A similar story happened to Somali shillings after their central bank was destroyed.21 Money is more desirable when demonstrably scarce than when liable to being debased.

Yes, I do think the ruling class in America would like to grab everything for themselves, because they were brought up that way, and early American Puritans somehow had it wired into their religion that poverty is a sign that God doesn't like you, that you're not "saved," that money, on the other hand, is a sign of God's approval. They say the middle class in this country is shrinking, but I don't really know who the "they" is in that sentence. I tend to think there's a natural process of balances -- that when the very rich press their luck too far, there's a danger of a backlash, and the rich know it. There's often a time when the bully on the playground does one bad thing too many and all the little weaklings gang up on him, and that's the end of that particular pattern. I look at that stuff as a novelist, and as a human being, but I try not to get too worked up about it. I think of myself as wearing the invisible tee shirt with "You can kill me but you can't impress me" printed on it. Every second I spend laughing is a second I don't have to think about Vice President Cheney, for instance.

I woke a few moments ago from a fever and a host of interlocking fever dreams, one after the next. There was one where I was in London, walking through old abandoned formerly beautiful buildings, all of them about to be demolished. Sometimes I'd find myself walking past the enormous line of people waiting to attend the television memorial for a dead author friend of mine, but his memorial was a television spectacular with comedians and big band music. There was the one where I had accidentally connected my bank card to a portable printer and the little printer kept printing cash but on the wrong paper and at the wrong size, so my money had huge, incredibly detailed faces on it, works of art that could not be spent. Then I woke from one dream into another: I was asleep in the passenger seat of the car, and saw that we were driving through a densely populated town, and that the driver was also asleep. I tried hard to wake her up and failed, and knew that no one was in control, no one was at the wheel, and soon someone was going to be killed, and I was shouting and calling without effect; but I whimpered and snuffled enough in the real world that my wife stroked my face and said, "Honey? You're having a nightmare," and, finally, I woke for real. But I woke into a world in which, somewhere, I am still being driven through my life by a sleeping driver, in which money is only good as art, in which we can write the finest books but at the end the crowds will come out and say good-bye for the entertainment, in which the buildings and cities we inhabit will relentlessly be destroyed by progress and time: a world colored by dreams and illuminated by them, too.

was sprawled on the family-room couch, half asleep in front of a Clint Eastwood movie. A can of ginger ale and an empty bag of pretzels sat on the table in front of him. He opened one eye and saw Maura, then looked at Greg and winked. “Hey, little buddy . . . I see your ladyfriend is here.” Greg felt the urge to lash out, like he’d done with Eileen and Brittany at school on Friday morning. But this time he didn’t take the bait. He said, “We’re just copying some artwork. For a project we’re doing. And it’s gonna make noise. We have to.” Ross heaved himself up off the couch, shut off the TV, burped, mumbled, “’Scuse me” in Maura’s general direction, and went looking for a quieter place to waste another hour or two. Greg said, “I got this paper that’s good and bright, but it’s not as thick as regular copy paper. Makes it easier to fold.” After placing the first master sheet face down on the glass, he pushed Print, and then held up the copy for Maura to see. Pointing at a gray area, he said, “See that? I can change the settings and make that part darker. It ought to be solid black. Except for that, it’s a good copy.” The machine beeped as Greg made the change, and then he pushed the Print button.

The oldest recorded example of fiat money was jiaozi, a paper currency issued by the Song dynasty in China in the tenth century. Initially, jiaozi was a receipt for gold or silver, but then government controlled its issuance and suspended redeemability, increasing the amount of currency printed until it collapsed. The Yuan dynasty also issued fiat currency in 1260, named chao, and exceeded the supply far beyond the metal backing, with predictably disastrous consequences. As the value of the money collapsed, the people fell into abject poverty, with many peasants resorting to selling their children into debt slavery.

It was not as if the rest of the nation was suffering from want. .. Americans were experiencing a war-related economic boom. these same citizens might be enjoying an unusual level of prosperity, but they were not aboutto share it with their struggling national government and their even more beleaguered army. Without an ability to raise its own taxes, the Continental Congress had been printing its own money to pay for the war. But after five years of churning out bills that had become almost worthless, Congress was left with few options. By the spring of 1780 every thing was beginning to grind to a terrible and tragic halt.

In Germany, the Depression was the final nail in the coffin of the Weimar Republic. Germany needed loans to pay its reparations, but once the Depression hit, its funding dried up and hyperinflation ensued as the government printed more money in a desperate effort to come up with the funds to repay what it owed. The collapse of the Weimar Republic was a textbook case of what happens when democracy and capitalism fail; angry, desperate people became willing to go along with a suspension of the most basic civil liberties in the hope that order and prosperity would be restored. Parties and politicians embracing fascism—a philosophy animated by extreme nationalism that called for government control of virtually all aspects of political and economic life—gained ground in Germany, Italy, Austria, and Japan. By 1932, the Nazi Party had become the largest party in the German parliament; a year later, Adolf Hitler became chancellor. He quickly consolidated power, dismantled democratic protections, formalized harsh discrimination against Jews and others, and began rearming Germany. Hitler broke through the military constraints set by the Versailles Treaty. The absence of a French or British response taught Hitler the dangerous lesson that he could assert German rights as he saw them with little to fear.

When I say my wound became political in the years that followed, I don't mean that my involvement in the anti-war movement was somehow insincere or that I have any regrets about my activism. As a champion of the downtrodden, the disenfranchised, the poor, and the oppressed, I found a new outlet for the somewhat irrational but nevertheless strong sense I had of being an outsider in a group - uncomfortable, awkward, and quick to feel a slight. Political feeling can't exist without identification, and mine inevitably went to people without power, In contrast, right-wing ideologies often appeal to those who want to link themselves to authority, people for whom the sight of military parades or soldiers marching off to war is aggrandizing, not painful. Inevitably, there is sublimation in politics, too. It becomes an avenue for suppressed aggression and anger, and I was no exception. And so it was that armed with passion and gorged on political history, I became a firebrand at fourteen. For three years, I read and argued and demonstrated. I marched against the Vietnam War, helped print strike T-shirts at Carleton College after the deaths of four students at Kent State, attended rallies, raised money for war-torn Mozambique, signed petitions, licked envelopes for the American Indian Movement, and turned into a feminist. But even then, I didn't believe all the rhetoric.

the history of capitalism is unintelligible without taking science into account. Capitalism’s belief in perpetual economic growth flies in the face of almost everything we know about the universe. A society of wolves would be extremely foolish to believe that the supply of sheep would keep on growing indefinitely. The human economy has nevertheless managed to keep on growing throughout the modern era, thanks only to the fact that scientists come up with another discovery or gadget every few years – such as the continent of America, the internal combustion engine, or genetically engineered sheep. Banks and governments print money, but ultimately, it is the scientists who foot the bill.

With the simple suspension of gold redeemability, governments’ war efforts were no longer limited to the money that they had in their own treasuries, but extended virtually to the entire wealth of the population. For as long as the government could print more money and have that money accepted by its citizens and foreigners, it could keep financing the war. Previously, under a monetary system where gold as money was in the hands of the people, government only had its own treasuries to sustain its war effort, along with any taxation or bond issues to finance the war. This made conflict limited, and lay at the heart of the relatively long periods of peace experienced around the world before the twentieth century.

Have you ever been in a place where history becomes tangible? Where you stand motionless, feeling time and importance press around you, press into you? That was how I felt the first time I stood in the astronaut garden at OCA PNW. Is it still there? Do you know it? Every OCA campus had – has, please let it be has – one: a circular enclave, walled by smooth white stone that towered up and up until it abruptly cut off, definitive as the end of an atmosphere, making room for the sky above. Stretching up from the ground, standing in neat rows and with an equally neat carpet of microclover in between, were trees, one for every person who’d taken a trip off Earth on an OCA rocket. It didn’t matter where you from, where you trained, where your spacecraft launched. When someone went up, every OCA campus planted a sapling. The trees are an awesome sight, but bear in mind: the forest above is not the garden’s entry point. You enter from underground. I remember walking through a short tunnel and into a low-lit domed chamber that possessed nothing but a spiral staircase leading upward. The walls were made of thick glass, and behind it was the dense network you find below every forest. Roots interlocking like fingers, with gossamer fungus sprawled symbiotically between, allowing for the peaceful exchange of carbon and nutrients. Worms traversed roads of their own making. Pockets of water and pebbles decorated the scene. This is what a forest is, after all. Don’t believe the lie of individual trees, each a monument to its own self-made success. A forest is an interdependent community. Resources are shared, and life in isolation is a death sentence. As I stood contemplating the roots, a hidden timer triggered, and the lights faded out. My breath went with it. The glass was etched with some kind of luminescent colourant, invisible when the lights were on, but glowing boldly in the dark. I moved closer, and I saw names – thousands upon thousands of names, printed as small as possible. I understood what I was seeing without being told. The idea behind Open Cluster Astronautics was simple: citizen-funded spaceflight. Exploration for exploration’s sake. Apolitical, international, non-profit. Donations accepted from anyone, with no kickbacks or concessions or promises of anything beyond a fervent attempt to bring astronauts back from extinction. It began in a post thread kicked off in 2052, a literal moonshot by a collective of frustrated friends from all corners – former thinkers for big names gone bankrupt, starry-eyed academics who wanted to do more than teach the past, government bureau members whose governments no longer existed. If you want to do good science with clean money and clean hands, they argued, if you want to keep the fire burning even as flags and logos came down, if you understand that space exploration is best when it’s done in the name of the people, then the people are the ones who have to make it happen.

So Germany can’t pay France and Britain and France and Britain can’t pay America because the Gold Standard says money = gold and America already has all the gold. But America won’t forgive the loans so Germany starts printing dumpsters full of money just to keep up appearances until one U.S. dollar is worth six hundred and thirty BILLION marks. There’s so much cash, kids are building money forts it is tragic/pimp as hell. Britain does convince America to go easy and lower the interest rates on the loans but in order to do that America has to lower ALL THE INTEREST RATES so everybody back in the U.S. is like “SWEET FREE MONEY BETTER USE IT TO BUY STOCKS” and they just go nuts the whole stock market goes completely bonkers shoe-shine boys are giving out hot tips hobos have stock portfolios and the dudes in charge are TERRIFIED because they know that at this point the market is just running on bullshit and dreams and real soon it’s gonna get to that part in the dream where you’re naked at your tuba recital and you never learned to play the tuba. There are other people who are like “NAW THE MARKET WILL BE GREAT FOREVER PUT ALL YOUR MONEY IN IT” but you know what those people are? WRONG. WRONG LIKE A DOG EATING MAYONNAISE. The market goes down like a clown and a bunch of people lose a bunch of money. It happens on a Tuesday and everybody calls it Black Tuesday and then it happens again on Black Thursday also Black Monday. Everyone is so poor they have even pawned their creativity.

What happened to your arm?" she asked me one night in the Gentleman Loser, the three of us drinking at a small table in a corner. Hang-gliding," I said, "accident." Hang-gliding over a wheatfield," said Bobby, "place called Kiev. Our Jack's just hanging there in the dark, under a Nightwing parafoil, with fifty kilos of radar jammed between his legs, and some Russian asshole accidentally burns his arm off with a laser." I don't remember how I changed the subject, but I did. I was still telling myself that it wasn't Rikki who getting to me, but what Bobby was doing with her. I'd known him for a long time, since the end of the war, and I knew he used women as counters in a game, Bobby Quine versus fortune, versus time and the night of cities. And Rikki had turned up just when he needed something to get him going, something to aim for. So he'd set her up as a symbol for everything he wanted and couldn't have, everything he'd had and couldn't keep. I didn't like having to listen to him tell me how much he loved her, and knowing he believed it only made it worse. He was a past master at the hard fall and the rapid recovery, and I'd seen it happen a dozen times before. He might as well have had next printed across his sunglasses in green Day-Glo capitals, ready to flash out at the first interesting face that flowed past the tables in the Gentleman Loser. I knew what he did to them. He turned them into emblems, sigils on the map of his hustler' s life, navigation beacons he could follow through a sea of bars and neon. What else did he have to steer by? He didn't love money, in and of itself , not enough to follow its lights. He wouldn't work for power over other people; he hated the responsibility it brings. He had some basic pride in his skill, but that was never enough to keep him pushing. So he made do with women. When Rikki showed up, he needed one in the worst way. He was fading fast, and smart money was already whispering that the edge was off his game. He needed that one big score, and soon, because he didn't know any other kind of life, and all his clocks were set for hustler's time, calibrated in risk and adrenaline and that supernal dawn calm that comes when every move's proved right and a sweet lump of someone else's credit clicks into your own account.

All you have to do to make money in Indonesia is to figure out what no one else is doing,' Ade said. It made me think of how often I had noticed copy-cat businesses in smaller Indonesian towns. I was caught out by it early on. In Waikabubak, for example, every third shop prints photos. Even the little tailor opposite the market has a sideline in photo printing. This made me lazy; having promised to print photos and send them to people before I left Waikabubak, I thought: I'll do it in the next town I go to. But the next town is all pharmacies- there's not a single photo printer. Here it's wall-to-wall perfume sellers, there it's all hair salons... 'People see a business doing well, and they just copy it,' said Ade. 'The concept of market saturation is not well understood.

And what people want to own, of course, is real estate. So a dental hygienist with bad credit making forty thousand dollars a year felt that she deserved to park her ass in a million-dollar home. With a little creative financing, and as long as housing prices continued to rise, she believed that she could afford a million-dollar home. And as long as the dental hygienist continued to pay interest on the mortgage for the million-dollar home, as long as housing prices continued to rise, as long as more loan officers approved more loans for more dental hygienists with bad credit who could continue to pay the interest on their overblown mortgages, housing prices would indeed stay stratospheric, and banks could print money based on that certainty. And, like your nursery rhyme, that was the house that Jack built.” Kalchefsky

Man tends to regard the order he lives in as natural. The houses he passes on his way to work seem more like rocks rising out of the earth than like products of human hands. He considers the work he does in his office or factory as essential to the har­monious functioning of the world. The clothes he wears are exactly what they should be, and he laughs at the idea that he might equally well be wearing a Roman toga or medieval armor. He respects and envies a minister of state or a bank director, and regards the possession of a considerable amount of money the main guarantee of peace and security. He cannot believe that one day a rider may appear on a street he knows well, where cats sleep and chil­dren play, and start catching passers-by with his lasso. He is accustomed to satisfying those of his physio­logical needs which are considered private as dis­creetly as possible, without realizing that such a pattern of behavior is not common to all human so­cieties. In a word, he behaves a little like Charlie Chaplin in The Gold Rush, bustling about in a shack poised precariously on the edge of a cliff. His first stroll along a street littered with glass from bomb-shattered windows shakes his faith in the "naturalness" of his world. The wind scatters papers from hastily evacuated offices, papers labeled "Con­fidential" or "Top Secret" that evoke visions of safes, keys, conferences, couriers, and secretaries. Now the wind blows them through the street for anyone to read; yet no one does, for each man is more urgently concerned with finding a loaf of bread. Strangely enough, the world goes on even though the offices and secret files have lost all meaning. Farther down the street, he stops before a house split in half by a bomb, the privacy of people's homes-the family smells, the warmth of the beehive life, the furniture preserving the memory of loves and hatreds-cut open to public view. The house itself, no longer a rock, but a scaffolding of plaster, concrete, and brick; and on the third floor, a solitary white bath­ tub, rain-rinsed of all recollection of those who once bathed in it. Its formerly influential and respected owners, now destitute, walk the fields in search of stray potatoes. Thus overnight money loses its value and becomes a meaningless mass of printed paper. His walk takes him past a little boy poking a stick into a heap of smoking ruins and whistling a song about the great leader who will preserve the nation against all enemies. The song remains, but the leader of yesterday is already part of an extinct past.

Here’s a crash course in the economy,” said Hunter. “Americans get up each morning and go to factories and farms and fire stations and work their whole lives, creating actual products you can hold in your hands. Or some service that benefits. I mean, what the fuck’s that about?” “Work isn’t good?” “It’s the damn workers who crashed the economy.” “I thought it was you,” said Serge. “Don’t be a comedian.” Hunter started counting off on his fingers. “They lost their retirement accounts, their mortgages, their homes, even their jobs. Can’t these assholes do anything right?” “You on the other hand?” “We ended up with all the cash. And then the people turned to the government and went, ‘Holy shit! What happened to all our goddamn money? Do something!’ So the government takes even more money from the workers and—this part is absolutely priceless—they give it all to us again! Now you tell me who’s the success story.” “But what’s so hard about accepting free money?” “That’s exactly what I was thinking when half the country screamed, ‘I’ll kick your fucking ass if you give me health care!’ ” “Sounds too good for words,” said Serge. “It’s good enough for one word,” said Hunter. “Socialism.” Serge pounded the bar with his fist. “Fuck socialism.” “Don’t say that!” Hunter took a swig. “I love socialism.” “You do?” Hunter nodded hard. “Finest word in the English language. Just mention socialism, and everyone gets blinded by rage, takes their eyes off us and prints up T-shirts that insult the president.” Bleadoph raised his hands toward the ceiling in exultation. “Thank God he was elected!” “Forgive my ignorance,” said Serge, “but weren’t the bailouts socialism?” Hunter shook his head. “It’s only socialism if the money goes down, not up.” “A toast,” said Serge. “To socialism!” “To socialism!

That City of yours is a morbid excrescence. Wall Street is a morbid excrescence. Plainly it's a thing that has grown out upon the social body rather like -- what do you call it? -- an embolism, thrombosis, something of that sort. A sort of heart in the wrong place, isn't it? Anyhow -- there it is. Everything seems obliged to go through it now; it can hold up things, stimulate things, give the world fever or pain, and yet all the same -- is it necessary, Irwell? Is it inevitable? Couldn't we function economically quite as well without it? Has the world got to carry that kind of thing for ever? "What real strength is there in a secondary system of that sort? It's secondary, it's parasitic. It's only a sort of hypertrophied, uncontrolled counting-house which has become dominant by falsifying the entries and intercepting payment. It's a growth that eats us up and rots everything like cancer. Financiers make nothing, they are not a productive department. They control nothing. They might do so, but they don't. They don't even control Westminster and Washington. They just watch things in order to make speculative anticipations. They've got minds that lie in wait like spiders, until the fly flies wrong. Then comes the debt entanglement. Which you can break, like the cobweb it is, if only you insist on playing the wasp. I ask you again what real strength has Finance if you tackle Finance? You can tax it, regulate its operations, print money over it without limit, cancel its claims. You can make moratoriums and jubilees. The little chaps will dodge and cheat and run about, but they won't fight. It is an artificial system upheld by the law and those who make the laws. It's an aristocracy of pickpocket area-sneaks. The Money Power isn't a Power. It's respectable as long as you respect it, and not a moment longer. If it struggles you can strangle it if you have the grip...You and I worked that out long ago, Chiffan... "When we're through with our revolution, there will be no money in the world but pay. Obviously. We'll pay the young to learn, the grown-ups to function, everybody for holidays, and the old to make remarks, and we'll have a deuce of a lot to pay them with. We'll own every real thing; we, the common men. We'll have the whole of the human output in the market. Earn what you will and buy what you like, we'll say, but don't try to use money to get power over your fellow-creatures. No squeeze. The better the economic machine, the less finance it will need. Profit and interest are nasty ideas, artificial ideas, perversions, all mixed up with betting and playing games for money. We'll clean all that up..." "It's been going on a long time," said Irwell. "All the more reason for a change," said Rud.

Lincoln labored mightily in the political trenches of the Whig and Republican parties for nearly three decades on behalf of this economic agenda, but with only minor success. The Constitution stood in the way of the Whig economic agenda as one American president after another vetoed internal improvement and national bank bills. Beginning with Jefferson, Madison, and Monroe, Southern statesmen were always in the forefront of the opposition to this economic agenda. According to Lincoln scholar Mark Neely, Jr., Lincoln seethed in frustration for many years over how the Constitution stood in the way of his political ambitions. Lincoln thought of himself as the heir to the Hamiltonian political tradition, which sought a much more centralized governmental system, one that would plan economic development with corporate subsidies financed by protectionist tariffs and the printing of money by the central government. This

There's a swell book that's out of print now. Maybe Seven Stories will bring it out again. It's called The Writer and Psychoanalysis by a man who's now dead named Edmund Bergler. He claimed he had treated more writers than anyone else in his field, and being that he practiced in New York, he probably did. Bergler said that writers were fortunate in that they were able to treat their neuroses every day by writing. He also said that as soon as a writer was blocked, this was catastrophic because the writer would start to go to pieces. And so I said in a piece in Harper's, or a letter I wrote to Harper's, about "the death of the novel": People will continue to write novels, or maybe short stories, because they discover that they are treating their own neuroses. And I have said about the practice of the arts that practicing any art—be it painting, music, dance, literature, or whatever—is not a way to make money or become famous. It's a way to make your soul grow. So you should do it anyway.

The Air Force has always had more money than sales resistance, and they bought a one-year program (probably for something in the order of a hundred or a hundred and fifty thousand dollars) and in June of 1961 Hawkins and Summers punched the “start” button and the machine started to shuffle IBM cards. And to print out structures that looked like road maps of a disaster area, since if the compounds depicted could even have been synthesized, they would have, infallibly, detonated instantly and violently. The machine’s prize contribution to the cause of science was the structure, to which it confidently attributed a specific impulse of 363.7 seconds, precisely to the tenth of a second, yet. The Air Force, appalled, cut the program off after a year, belatedly realizing that they could have got the same structure from any experienced propellant man (me, for instance) during half an hour’s conversation, and at a total cost of five dollars or so. (For drinks. I would have been afraid even to draw the structure without at least five Martinis under my belt.)

The common name for government money is fiat money, from the Latin word for decree, order, or authorization. Two important facts must be understood about government money from the outset. First, there is a very large difference between government money redeemable in gold, and irredeemable government money, even if both are run by the government. Under a gold standard, money is gold, and government just assumes a responsibility of minting standard units of the metal or printing paper backed by the gold. The government has no control over the supply of gold in the economy, and people are able to redeem their paper in physical gold at any time, and use other shapes and forms of gold, such as bullion bars and foreign coins, in their dealings with one another. With irredeemable government money, on the other hand, the government's debt and/or paper is used as money, and the government is able to increase its supply as it sees fit. Should anybody use other forms of money for exchange, or should they attempt to create more of the government's money, they run the risk of punishment.

This new religion has had a decisive influence on the development of modern science, too. Scientific research is usually funded by either governments or private businesses. When capitalist governments and businesses consider investing in a particular scientific project, the first questions are usually, ‘Will this project enable us to increase production and profits? Will it produce economic growth?’ A project that can’t clear these hurdles has little chance of finding a sponsor. No history of modern science can leave capitalism out of the picture. Conversely, the history of capitalism is unintelligible without taking science into account. Capitalism’s belief in perpetual economic growth flies in the face of almost everything we know about the universe. A society of wolves would be extremely foolish to believe that the supply of sheep would keep on growing indefinitely. The human economy has nevertheless managed to keep on growing throughout the modern era, thanks only to the fact that scientists come up with another discovery or gadget every few years – such as the continent of America, the internal combustion engine, or genetically engineered sheep. Banks and governments print money, but ultimately, it is the scientists who foot the bill.

We had heard rumours of what people referred to as a ‘phantom accounting system’, also called zappers and phantom ware. This phenomenon was unheard of in South Africa at the time. The more formal term used to describe this kind of criminal financial-management software is a ‘sales-suppression system’. The Organisation for Economic Cooperation and Development (OECD), in which South Africa has observer status, issued a guide on these systems in 2013.10 On the surface, the technology seems like a supposedly normal accounting system, used mainly by retailers. It has all the expected features: it records stock, sales, invoices, receipts and taxes. It can print daily, weekly and monthly accounting records. Yet the software has a feature that can blank out certain sales and receipts. You can set it to suppress, for instance, every fourth sale, or random sales of a particular value, whichever you prefer. The effect is that, on paper, your stock, sales and receipts would balance for tax purposes. All you would have to do is click on a secret place on the screen, or type a particular code on the keyboard, and the unrecorded sales and receipts would reflect. One would then be able to take this money out of the company’s takings for the day, week or month, and people would be none the wiser.

A striking example from the history of writing is the origin of the syllabary devised in Arkansas around 1820 by a Cherokee Indian named Sequoyah, for writing the Cherokee language. Sequoyah observed that white people made marks on paper, and that they derived great advantage by using those marks to record and repeat lengthy speeches. However, the detailed operations of those marks remained a mystery to him, since (like most Cherokees before 1820) Sequoyah was illiterate and could neither speak nor read English. Because he was a blacksmith, Sequoyah began by devising an accounting system to help him keep track of his customers’ debts. He drew a picture of each customer; then he drew circles and lines of various sizes to represent the amount of money owed. Around 1810, Sequoyah decided to go on to design a system for writing the Cherokee language. He again began by drawing pictures, but gave them up as too complicated and too artistically demanding. He next started to invent separate signs for each word, and again became dissatisfied when he had coined thousands of signs and still needed more. Finally, Sequoyah realized that words were made up of modest numbers of different sound bites that recurred in many different words—what we would call syllables. He initially devised 200 syllabic signs and gradually reduced them to 85, most of them for combinations of one consonant and one vowel. As one source of the signs themselves, Sequoyah practiced copying the letters from an English spelling book given to him by a schoolteacher. About two dozen of his Cherokee syllabic signs were taken directly from those letters, though of course with completely changed meanings, since Sequoyah did not know the English meanings. For example, he chose the shapes D, R, b, h to represent the Cherokee syllables a, e, si, and ni, respectively, while the shape of the numeral 4 was borrowed for the syllable se. He coined other signs by modifying English letters, such as designing the signs , , and to represent the syllables yu, sa, and na, respectively. Still other signs were entirely of his creation, such as , , and for ho, li, and nu, respectively. Sequoyah’s syllabary is widely admired by professional linguists for its good fit to Cherokee sounds, and for the ease with which it can be learned. Within a short time, the Cherokees achieved almost 100 percent literacy in the syllabary, bought a printing press, had Sequoyah’s signs cast as type, and began printing books and newspapers. Cherokee writing remains one of the best-attested examples of a script that arose through idea diffusion. We know that Sequoyah received paper and other writing materials, the idea of a writing system, the idea of using separate marks, and the forms of several dozen marks. Since, however, he could neither read nor write English, he acquired no details or even principles from the existing scripts around him. Surrounded by alphabets he could not understand, he instead independently reinvented a syllabary, unaware that the Minoans of Crete had already invented another syllabary 3,500 years previously.

this I say,—we must never forget that all the education a man's head can receive, will not save his soul from hell, unless he knows the truths of the Bible. A man may have prodigious learning, and yet never be saved. He may be master of half the languages spoken round the globe. He may be acquainted with the highest and deepest things in heaven and earth. He may have read books till he is like a walking cyclopædia. He may be familiar with the stars of heaven,—the birds of the air,—the beasts of the earth, and the fishes of the sea. He may be able, like Solomon, to "speak of trees, from the cedar of Lebanon to the hyssop that grows on the wall, of beasts also, and fowls, and creeping things, and fishes." (1 King iv. 33.) He may be able to discourse of all the secrets of fire, air, earth, and water. And yet, if he dies ignorant of Bible truths, he dies a miserable man! Chemistry never silenced a guilty conscience. Mathematics never healed a broken heart. All the sciences in the world never smoothed down a dying pillow. No earthly philosophy ever supplied hope in death. No natural theology ever gave peace in the prospect of meeting a holy God. All these things are of the earth, earthy, and can never raise a man above the earth's level. They may enable a man to strut and fret his little season here below with a more dignified gait than his fellow-mortals, but they can never give him wings, and enable him to soar towards heaven. He that has the largest share of them, will find at length that without Bible knowledge he has got no lasting possession. Death will make an end of all his attainments, and after death they will do him no good at all. A man may be a very ignorant man, and yet be saved. He may be unable to read a word, or write a letter. He may know nothing of geography beyond the bounds of his own parish, and be utterly unable to say which is nearest to England, Paris or New York. He may know nothing of arithmetic, and not see any difference between a million and a thousand. He may know nothing of history, not even of his own land, and be quite ignorant whether his country owes most to Semiramis, Boadicea, or Queen Elizabeth. He may know nothing of the affairs of his own times, and be incapable of telling you whether the Chancellor of the Exchequer, or the Commander-in-Chief, or the Archbishop of Canterbury is managing the national finances. He may know nothing of science, and its discoveries,—and whether Julius Cæsar won his victories with gunpowder, or the apostles had a printing press, or the sun goes round the earth, may be matters about which he has not an idea. And yet if that very man has heard Bible truth with his ears, and believed it with his heart, he knows enough to save his soul. He will be found at last with Lazarus in Abraham's bosom, while his scientific fellow-creature, who has died unconverted, is lost for ever. There is much talk in these days about science and "useful knowledge." But after all a knowledge of the Bible is the one knowledge that is needful and eternally useful. A man may get to heaven without money, learning, health, or friends,—but without Bible knowledge he will never get there at all. A man may have the mightiest of minds, and a memory stored with all that mighty mind can grasp,—and yet, if he does not know the things of the Bible, he will make shipwreck of his soul for ever. Woe! woe! woe to the man who dies in ignorance of the Bible! This is the Book about which I am addressing the readers of these pages to-day. It is no light matter what you do with such a book. It concerns the life of your soul. I summon you,—I charge you to give an honest answer to my question. What are you doing with the Bible? Do you read it? HOW READEST THOU?

These senators and representatives call themselves “leaders.” One of the primary principles of leadership is that a leader never asks or orders any follower to do what he or she would not do themselves. Such action requires the demonstration of the acknowledged traits of a leader among which are integrity, honesty, and courage, both physical and moral courage. They don’t have those traits nor are they willing to do what they ask and order. Just this proves we elect people who shouldn’t be leading the nation. When the great calamity and pain comes, it will have been earned and deserved. The piper always has to be paid at the end of the party. The party is about over. The bill is not far from coming due. Everybody always wants the guilty identified. The culprits are we the people, primarily the baby boom generation, which allowed their vote to be bought with entitlements at the expense of their children, who are now stuck with the national debt bill that grows by the second and cannot be paid off. These follow-on citizens—I call them the screwed generation—are doomed to lifelong grief and crushing debt unless they take the only other course available to them, which is to repudiate that debt by simply printing up $20 trillion, calling in all federal bills, bonds, and notes for payoff, and then changing from the green dollar to say a red dollar, making the exchange rate 100 or 1000 green dollars for 1 red dollar or even more to get to zero debt. Certainly this will create a great international crisis. But that crisis is coming anyhow. In fact it is here already. The U.S. has no choice but to eventually default on that debt. This at least will be a controlled default rather than an uncontrolled collapse. At present it is out of control. Congress hasn’t come up with a budget in 3 years. That’s because there is no way at this point to create a viable budget that will balance and not just be a written document verifying that we cannot legitimately pay our bills and that we are on an ever-descending course into greater and greater debt. A true, honest budget would but verify that we are a bankrupt nation. We are repeating history, the history we failed to learn from. The history of Rome. Our TV and video games are the equivalent distractions of the Coliseums and circus of Rome. Our printing and borrowing of money to cover our deficit spending is the same as the mixing and devaluation of the gold Roman sisteri with copper. Our dysfunctional and ineffectual Congress is as was the Roman Senate. Our Presidential executive orders the same as the dictatorial edicts of Caesar. Our open borders and multi-millions of illegal alien non-citizens the same as the influx of the Germanic and Gallic tribes. It is as if we were intentionally following the course written in The History of the Decline and Fall of the Roman Empire. The military actions, now 11 years in length, of Iraq and Afghanistan are repeats of the Vietnam fiasco and the RussianAfghan incursion. Our creep toward socialism is no different and will bring the same implosion as socialism did in the U.S.S.R. One should recognize that the repeated application of failed solutions to the same problem is one of the clinical definitions of insanity. * * * I am old, ill, physically used up now. I can’t have much time left in this life. I accept that. All born eventually die and with the life I’ve lived, I probably should have been dead decades ago. Fate has allowed me to screw the world out of a lot of years. I do have one regret: the future holds great challenge. I would like to see that challenge met and overcome and this nation restored to what our founding fathers envisioned. I’d like to be a part of that. Yeah. “I’d like to do it again.” THE END PHOTOS Daniel Hill 1954 – 15

You said, Mother, that criticism would help me. But how can it, when it's so contradictory that I don't know whether I've written a promising book or broken all the ten commandments?" cried poor Jo, turning over a heap of notices, the perusal of which filled her with pride and joy one minute, wrath and dismay the next. "This man says, `An exquisite book, full of truth, beauty, and earnestness. All is sweet, pure, and healthy.'" continued the perplexed authoress. "The next, `The theory of the book is bad, full of morbid fancies, spiritualistic ideas, and unnatural characters.' Now, as I had no theory of any kind, don't believe in Spiritualism, and copied my characters from life, I don't see how this critic can be right. Another says, `It's one of the best American novels which has appeared for years.' (I know better than that), and the next asserts that `Though it is original, and written with great force and feeling, it is a dangerous book.' 'Tisn't! Some make fun of it, some overpraise, and nearly all insist that I had a deep theory to expound, when I only wrote it for the pleasure and the money. I wish I'd printed the whole or not at all, for I do hate to be so misjudged." Her family and friends administered comfort and commendation liberally. Yet it was a hard time for sensitive, high-spirited Jo, who meant so well and had apparently done so ill. But it did her good, for those whose opinion had real value gave her the criticism which is an author's best education, and when the first soreness was over, she could laugh at her poor little book, yet believe in it still, and feel herself the wiser and stronger for the buffeting she had received. "Not being a genius, like Keats, it won't kill me," she said stoutly, "and I've got the joke on my side, after all, for the parts that were taken straight out of real life are denounced as impossible and absurd, and the scenes that I made up out of my own silly head are pronounced `charmingly natural, tender, and true'. So I'll comfort myself with that, and when I'm ready, I'll up again and take another.

1595, Richard Field, fellow-alumnus of the King Edward grammar school in Stratford-upon-Avon, printed The lives of the noble Grecians and Romanes, compared together by that grave learned philosopher and historiographer, Plutarke of Chaeronea: translated out of Greeke into French by James Amiot, abbot of Bellozane, Bishop of Auxerre, one of the Kings privie counsell, and great Amner of France, and out of French into English, by Thomas North. This was the book that got Shakespeare thinking seriously about politics: monarchy versus republicanism versus empire; the choices we make and their tragic consequences; the conflict between public duty and private desire. He absorbed classical thought, but was not enslaved to it. Shakespeare was a thinker who always made it new, adapted his source materials, and put his own spin on them. In the case of Plutarch, he feminized the very masculine Roman world. Brutus and Caesar are seen through the prism of their wives, Portia and Calpurnia; Coriolanus through his mother, Volumnia; Mark Antony through his lover, Cleopatra. Roman women were traditionally silent, confined to the domestic sphere. Cleopatra is the very antithesis of such a woman, while Volumnia is given the full force of that supreme Ciceronian skill, a persuasive rhetorical voice.40 Timon of Athens is alone and unhappy precisely because his obsession with money has cut him off from the love of, and for, women (the only females in Timon’s strange play are two prostitutes). Paradoxically, the very masculinity of Plutarch’s version of ancient history stimulated Shakespeare into demonstrating that women are more than the equal of men. Where most thinkers among his contemporaries took the traditional view of female inferiority, he again and again wrote comedies in which the girls are smarter than the boys—Beatrice in Much Ado about Nothing, Rosalind in As You Like It, Portia in The Merchant of Venice—and tragedies in which women exercise forceful authority for good or ill (Tamora, Cleopatra, Volumnia, and Cymbeline’s Queen in his imagined antiquity, but also Queen Margaret in his rendition of the Wars of the Roses).41

The US traded its manufacturing sector’s health for its entertainment industry, hoping that Police Academy sequels could take the place of the rustbelt. The US bet wrong. But like a losing gambler who keeps on doubling down, the US doesn’t know when to quit. It keeps meeting with its entertainment giants, asking how US foreign and domestic policy can preserve its business-model. Criminalize 70 million American file-sharers? Check. Turn the world’s copyright laws upside down? Check. Cream the IT industry by criminalizing attempted infringement? Check. It’ll never work. It can never work. There will always be an entertainment industry, but not one based on excluding access to published digital works. Once it’s in the world, it’ll be copied. This is why I give away digital copies of my books and make money on the printed editions: I’m not going to stop people from copying the electronic editions, so I might as well treat them as an enticement to buy the printed objects. But there is an information economy. You don’t even need a computer to participate. My barber, an avowed technophobe who rebuilds antique motorcycles and doesn’t own a PC, benefited from the information economy when I found him by googling for barbershops in my neighborhood. Teachers benefit from the information economy when they share lesson plans with their colleagues around the world by email. Doctors benefit from the information economy when they move their patient files to efficient digital formats. Insurance companies benefit from the information economy through better access to fresh data used in the preparation of actuarial tables. Marinas benefit from the information economy when office-slaves look up the weekend’s weather online and decide to skip out on Friday for a weekend’s sailing. Families of migrant workers benefit from the information economy when their sons and daughters wire cash home from a convenience store Western Union terminal. This stuff generates wealth for those who practice it. It enriches the country and improves our lives. And it can peacefully co-exist with movies, music and microcode, but not if Hollywood gets to call the shots. Where IT managers are expected to police their networks and systems for unauthorized copying – no matter what that does to productivity – they cannot co-exist. Where our operating systems are rendered inoperable by “copy protection,” they cannot co-exist. Where our educational institutions are turned into conscript enforcers for the record industry, they cannot co-exist. The information economy is all around us. The countries that embrace it will emerge as global economic superpowers. The countries that stubbornly hold to the simplistic idea that the information economy is about selling information will end up at the bottom of the pile. What country do you want to live in?

Leonard H. Stringfield 1)Retrievals of the Third Kind: A Case Study of Alleged UFOs and Occupants in Military Custody. The first formal research paper presented publicly on the subject of UFO crash/retrievals at the MUFON Symposium, Dayton, Ohio, July, 1978. Original edition, dated April, 1978, was published in MUFON Proceedings (1978). Address: MUFON, 103 Oldtowne Road, Seguin, Texas 78155. If available, price___________. 2)Retrievals of the Third Kind: A Case Study of Alleged UFOs and Occupants in Military Custody,Status Report I. Revised edition, July, 1978, word processed copy, 34 pages. Available at author's address. See below. Price, USA___________. 3)UFO Crash/Retrieval Syndrome, Status Report II. Published by MUFON. Flexible cover, typeset, illustrations, 37 pages. Available only at MUFON address: 103 Oldtowne Road, Seguin, Texas 78155. Price, USA___________. 4)UFO Crash/Retrievals: Amassing the Evidence, Status Report III, June 1982; flexible cover, typeset, illustrations, 53 pages. Available from author's address. See below. Price, USA___________. 5)The Fatal Encounter at Ft. Dix -- McGuire: A Case Study, Status Report IV, June, 1985. Paper presented at MUFON Symposium, St. Louis, Missouri, 1985. Xeroxed copy, 26 pages. Available at author's address. See below. Price, USA___________. 6)UFO Crash/Retrievals: Is the Coverup Lid Lifting? Status Report V. Published in MUFON UFO Journal, January, 1989, with updated addendum. Xeroxed copy, 23 pages. Available at author's address. See below. Price, USA___________. 7)Inside Saucer Post, 3-0 Blue. Book privately published, 1957. Review of author's early research and cooperative association with the Air Defense Command Filter Center, using code name, FOX TROT KILO 3-0 BLUE. Flexible cover, typeset, illustrations, 94 pages. Available from author's address. See below. Price, USA___________. 8)Situation Red: The UFO Siege. Hardcover book published by Doubleday & Co., 1977. Paperback edition published by Fawcett Crest Books, 1977. Also foreign publishers. Out of print, not available. 9)Orbit Newsletter, published monthly, 1954-1957, by author for international sale and distribution. Set of 36 issues. Some issues out of stock, duplicated by xerox. Available at author's address -- see below. Price of set, USA___________. 10)UFO Crash/Retrievals: The Inner Sanctum, Status Report VI, July, 1991; flexible cover, book length, 81.000 words, 142 (8-1/2 X 11) pages, illustrated. Privately published. Available from author's address. See below. Price, USA___________. Prices include postage and handling. Mailings to Canada, add 500 for each item ordered. All foreign orders, payable U.S. funds, International money order or draft on U.S. Bank. Recommend Air Mail outside U.S. territories. Check on price. Leonard H. Stringfield 4412 Grove Avenue Cincinnati, Ohio 45227 USA Telephone: (513) 271-4248