Discount Quotes
There is a certain category of fool-the overeducated, the academic, the journalist, the newspaper reader, the mechanistic "scientist", the pseudo-empiricist, those endowed with what I call "epistemic arrogance", this wonderful ability to discount what they did not see, the unobserved.
Nassim Nicholas Taleb
To the existence of banks of discount for cash... there can be no objection, because there can be no danger of abuse, and they are a convenience both to merchants and individuals. I think they should even be encouraged, by allowing them a larger than legal interest on short discounts, and tapering thence, in proportion as the term of discount is lengthened, down to legal interest on those of a year or more. Even banks of deposit, where cash should be lodged, and a paper acknowledgment taken out as its representative, entitled to a return of the cash on demand, would be convenient for remittances, travelling persons, etc. But, liable as its cash would be to be pilfered and robbed, and its paper to be fraudulently re-issued, or issued without deposit, it would require skilful and strict regulation.
Thomas Jefferson
It is literally true that the toleration of banks of paper discount costs the United States one-half their war taxes; or, in other words, doubles the expenses of every war. Now think but for a moment, what a change of condition that would be, which should save half our war expenses, require but half the taxes, and enthral us in debt but half the time.
Thomas Jefferson
No one has a natural right to the trade of a money lender, but he who has the money to lend. Let those then among us who have a moneyed capital and who prefer employing it in loans rather than otherwise, set up banks and give cash or national bills for the notes they discount. Perhaps, to encourage them, a larger interest than is legal in the other cases might be allowed them, on the condition of their lending for short periods only.
Thomas Jefferson
It is a palpable falsehood to say we can have specie for our paper whenever demanded. Instead, then, of yielding to the cries of scarcity of medium set up by speculators, projectors and commercial gamblers, no endeavors should be spared to begin the work of reducing it by such gradual means as may give time to private fortunes to preserve their poise, and settle down with the subsiding medium; and that, for this purpose, the States should be urged to concede to the General Government, with a saving of chartered rights, the exclusive power of establishing banks of discount for paper.
Thomas Jefferson
But it will be asked, are we to have no banks? Are merchants and others to be deprived of the resource of short accommodations, found so convenient? I answer, let us have banks; but let them be such as are alone to be found in any country on earth, except Great Britain. There is not a bank of discount on the continent of Europe (at least there was not one when I was there) which offers anything but cash in exchange for discounted bills.
Thomas Jefferson
I've seen those big machines come rolling through the quiet pines.
Blue suits and bankers with their Volvos and their valentines.
Give us this day our daily discount outlet merchandise.
Raise up a multiplex and we will make a sacrifice.
Now we're gonna get the big business.
Now we're gonna get the real thing.
Everybody's all excited about it.
Billy Joel
In late 1989, the profound transformation that took place in this country brought me here to Prague Castle. It all happened so suddenly that I did not even have time to properly consider whether or not I was up to the task, and I was sincerely of the opinion that I would just take it on for a few months until the first free elections.
Clearly, things turned out quite differently: I have now been here for more than thirteen years, if we discount the short break in the latter half of 1992.
Václav Havel
A wonderful range of writing is offered in these and other forms. Stylistically, there are unspoken limits. The delphic or serpentine are not part of the repertoire. No fear could be more foreign to the journal than of ‘the mischief of premature clarification', against which Fredric Jameson – whose arrival in its pages is a welcome departure from consistency – once warned. The too vehement is likewise at some discount, suspect of ‘rant'. Perhaps the best way of conveying the overall climate would be to say that the paper resists any trace of l'esprit du sérieux, in the Sartrean sense: that is, of the portentous, high-minded, hypocritical. Against all these, its playfulness finds expression on the largest as well as smallest of topics. Emblematic in this collection are the saturnine tones of Edward Luttwak, as a ‘heavy-weight' contributor. 12 It is enough to think of the contributions of President Havel to the New York Review to understand their antithesis.
Perry Anderson
