Winston Churchill Quotes

God deliver us from the professional economists.

I don't know the time frame exactly, but it's clear they're all going to want to start spending money again.

Devolutionary reform will not provide a factory, a machine or jobs, build a school, train a doctor or put a pound on pensions.

All the Social Security Trust Fund Money Is Gone!

When you pay social security taxes, you are in no way making provision for your own retirement. You are paying the pensions of those who are already retired. Once you understand this, you see that whether you will get the benefits you are counting on when you retire depends on whether Congress will levy enough taxes, borrow enough, or print enough money...

The American economy must be altered to put business back in the driver's seat. The correct role for finance is to support job creation.

When the price of oil goes up, the entire Texas economy takes a deep breath. Millionaires blossom like rain lilies. News races through the countryside that the money train is pulling into the station. Hop on board!

Low interest rates benefit individuals or investors who own or want to buy assets; in that regard, they disproportionately benefit wealthier Americans.

To stimulate the economy, we need to give entrepreneurs the means to create wealth.

When the time comes to raise rates, I do think there will be some benefits that flow through to savers.

If we were to raise interest rates too steeply, and we were to trigger a downturn or contribute to a downturn, we have limited scope for responding, and it is an important reason for caution.

Remonetisation has happened at a fast pace, and that was part of the plan that, subsequent to the withdrawal of the specified bank notes, our production plans and supply processes would ensure that the remonetisation happened as quickly as possible.

The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and the dollar a strong and reliable currency.

When inflation begins to rise, that's a situation we know how to deal with. When the economy is not doing well, and we're stuck at zero, that's one we don't know so much about - or we know about it that it's bad.

Many foreign property owners work in the City of London and are encouraged to bring their expertise and earning power to this country because of the favourable capital tax environment. Attacking their property profit may encourage some to leave, but it would certainly deter others from coming in the first place.

The idea that RBI will be able to make a big transfer to the government was misplaced. It was a very good signalling device that the government was very serious about cracking down on corruption and black money. But I do not think it was very effective in curbing it.

I don't think that the ECB should compensate for the lack of reforms in some countries... But it is clear that monetary policy can help countries and continents to rebound faster.

There are few historians who would challenge the fact that the funding of World War I, World War II, the Korean War, and the Vietnam War was accomplished by the Mandrake Mechanism through the Federal Reserve System.

President Trump has challenged Congress to reduce the burden on the American worker and to build an economy that rewards honest work. Congress should accept that challenge and craft a bipartisan plan that makes real reductions in what government demands from our wallets.

You do need more revenues, and you do need to cut expenses. But you also don't want to go in a direction whereby increasing taxes creates a reticence to create new jobs. You don't want to increase taxes on work. You don't want to increase taxes on investment and the creation of wealth.

No one is suggesting societies the world over should implement an expensive basic income system in one stroke.

Welfare reform isn't easy.

Asking the government to fix our economy is like asking an editor to fix a movie, but in this case, the editor's not even of one mind.

We need to adopt a new currency. It doesn't matter what or how we call it - lira, sterling, Roman sesterce.

What happens to our economy and all our wonderful innovation if people are not properly incentivized and rewarded?