Bubble Quotes - page 3
Nature has had regard in everything no less to the end than to the beginning and the continuance, just like a man who throws up a ball. What good is it then for the ball to be thrown up, or harm for it to come down... what good is it to the bubble while it holds together, or what harm when it is burst?
Marcus Aurelius
Ron Paul: ...you have to develop the transition, and eventually the next step would be to prohibit the Fed from monetizing debt. This is the real evil. The politicians spend for war, welfare, and they don't have to do it responsibly.
Question: When you say monetize the debt, you mean they would only be able to spend the cash that they had on hand. They couldn't write any cheques for which they don't have in their account any money?
Ron Paul: That's right. And that is the key to it. Because when the Fed comes along, and there's starvation for capital and liquidity, and politicians are spending too much, the Fed can create 20, 30, 50 billion dollars in a day, just like they did trying to bail out this housing bubble crash. So they create money out of thin air endlessly, eventually that has to stop because that drives the value of the dollar down.
Ron Paul
The growth in money and credit has outpaced both savings and economic growth. These inflationary pressures have been concentrated in asset prices, not consumer price inflation--keeping monetary policy too easy. This increase in asset prices has fueled domestic borrowing and spending. Government policy and the increase in securitization are largely responsible for this bubble. In addition to loose monetary policies by the Federal Reserve, government-sponsored enterprises Fannie Mae and Freddie Mac have contributed to the problem. The fourfold increases in their balance sheets from 1997 to 1998 boosted new home borrowings to more than $1.5 trillion in 1998, two-thirds of which were refinances which put an extra $15,000 in the pockets of consumers on average--and reduce risk for individual institutions while increasing risk for the system as a whole.
Ron Paul
Of our studies it is impossible to speak, since they held so slight a connection with anything of the world as living men conceive it. They were of that vaster and more appalling universe of dim entity and consciousness which lies deeper than matter, time, and space, and whose existence we suspect only in certain forms of sleep - those rare dreams beyond dreams which come never to common men, and but once or twice in the lifetime of imaginative men. The cosmos of our waking knowledge, born from such an universe as a bubble is born from the pipe of a jester, touches it only as such a bubble may touch its sardonic source when sucked back by the jester's whim. Men of learning suspect it little and ignore it mostly. Wise men have interpreted dreams, and the gods have laughed. One man with Oriental eyes has said that all time and space are relative, and men have laughed. But even that man with Oriental eyes has done no more than suspect....
H. P. Lovecraft
But if you think it's going to get any better, let me burst that bubble of optimism now because I was fortunate enough last year to be invited to the First Republican Presidential Candidate Debate in Simi Valley in California, which, interestingly, was exactly as much fun as it sounds. But it was, obviously a privilege to be there and I did get to witness one incredible moment of political theater when all, at that point, ten of the potential leaders of the free world were asked the same question. And that question was "Who here doesn't believe in evolution?" And three of those men raised their hands. And then none of those three men put their hands down and said "Only joking."
John Oliver (comedian)
That said, there can be little doubt that exceptionally low interest rates on ten-year Treasury notes, and hence on home mortgages, have been a major factor in the recent surge of homebuilding and home turnover, and especially in the steep climb in home prices. Although a 'bubble' in home prices for the nation as a whole does not appear likely, there do appear to be, at a minimum, signs of froth in some local markets where home prices seem to have risen to unsustainable levels.
Alan Greenspan
A honeymoon is such a special time in life when you just want to be alone. It is in this little bubble of emotion and joy and happiness over the wedding. To then be chased [actually, let's be honest here, they were stalked] by someone who breaks the bubble made us very sad.
Princess Madeleine, Duchess of Hälsingland and Gästrikland
Softly sweet, in Lydian measures, Soon he sooth'd his soul to pleasures. War, he sung, is toil and trouble Honour but an empty bubble Never ending, still beginning, Fighting still, and still destroying. If all the world be worth the winning, Think, oh think it worth enjoying Lovely Thais sits beside thee, Take the good the gods provide thee.
John Dryden
We're in a bubble. We have artificially low interest rates. We have a stock market that, frankly, has been good to me, but I still hate to see what's happening. We have a stock market that is so bloated. Be careful of a bubble because what you've seen in the past might be small potatoes compared to what happens. So be very, very careful.
Donald Trump
As we walked homeward across the fields, the sun dropped and lay like a great golden globe in the low west. While it hung there, the moon rose in the east, as big as a cart-wheel, pale silver and streaked with rose colour, thin as a bubble or a ghost-moon. For five, perhaps ten minutes, the two luminaries confronted each other across the level land, resting on opposite edges of the world.
In that singular light every little tree and shock of wheat, every sunflower stalk and clump of snow-on-the-mountain, drew itself up high and pointed; the very clods and furrows in the fields seemed to stand up sharply. I felt the old pull of the earth, the solemn magic that comes out of those fields at nightfall. I wished I could be a little boy again, and that my way could end there.
Willa Cather
