Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.
Ronald ReaganRead
Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.
Interpretation
Inflation is portrayed as a serious threat to individuals and society, similar to violent crime.
In this quote, Ronald Reagan emphasizes the destructive nature of inflation, comparing it to violent criminal acts to illustrate how it can undermine personal security and the stability of the economy. This metaphor highlights the urgency of addressing inflation and its potential to harm individuals and communities, as it can erode wealth and diminish the quality of life.
In practice
This quote could be used in a financial literacy seminar to demonstrate the dangers of inflation.
Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.
Our status as a free society and world power is not based on brute strength. When we've taken up arms, it has been for the defense of freedom for ourselves and for other peaceful nations who needed our help. But now, faced with the development of weapons with immense destructive power, we've no choice but to maintain ready defense forces that are second to none. Yes, the cost is high, but the price of neglect would be infinitely higher.
I'm spending more time at this library in four days than I did at the Eureka College Library in four years.
I'm not a politician by profession. I am a citizen who decided I had to be personally involved in order to stand up for my own values and beliefs. My candidacy is based on my record, and for that matter, my entire life.
My fellow citizens, our nation is poised for greatness. We must do what we know is right, and do it with all our might. Let history say of us: "These were golden years - when the American Revolution was reborn, when freedom gained new life, and America reached for her best."
We must have faith in the people of this country and faith in our principles.
Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.
You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody.
Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.
Really, the proper study of economics is fulfilment, not consumption... It doesn't even matter if it's a green product or a green house... It's still consumption. What matters in this world is the fulfilment of people's needs and the fulfilment of their aspirations.
With neoliberalism discredited and austerity failed, we need to rewrite the rules of the economy once again. But this time in the right way. We need rules that focus on long-term economic growth, and the only kind of sustainable prosperity is shared prosperity.
An economy can survive with 10% of the population insolation. It can't survive when 50% of the population is in isolation.
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