Real Interest Rates

Famous quotes containing the words real, interest and/or rates:

    “The books one reads in childhood, and perhaps most of all the bad and good bad books, create in one’s mind a sort of false map of the world, a series of fabulous countries into which one can retreat at odd moments throughout the rest of life, and which in some cases can survive a visit to the real countries which they are supposed to represent.”
    —George Orwell (1903–1950)

    “Justice is a moral virtue, merely because it has that tendency to the good of mankind, and indeed is nothing but an artificial invention to that purpose. The same may be said of allegiance, of the laws of nations, of modesty, and of good manners. All these are mere human contrivances for the interest of society.”
    —David Hume (1711–1776)

    “Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.”
    —Calvin Coolidge (1872–1933)