Required Reserve Ratio

Famous quotes containing the words required, reserve and/or ratio:

    But a man must keep an eye on his servants, if he would not have them rule him. Man is a shrewd inventor, and is ever taking the hint of a new machine from his own structure, adapting some secret of his own anatomy in iron, wood, and leather, to some required function in the work of the world. But it is found that the machine unmans the user. What he gains in making cloth, he loses in general power.
    Ralph Waldo Emerson (1803–1882)

    Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.
    René Daumal (1908–1944)

    Personal rights, universally the same, demand a government framed on the ratio of the census: property demands a government framed on the ratio of owners and of owning.
    Ralph Waldo Emerson (1803–1882)