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The lesson for Asia is; if you have a central bank, have a floating exchange rate; if you want to have a fixed exchange rate, abolish your central bank and adopt a currency board instead. Either extreme; a fixed exchange rate through a currency board, but no central bank, or a central bank plus truly floating exchange rates; either of those is a tenable arrangement. But a pegged exchange rate with a central bank is a recipe for trouble.
Milton FriedmanMy monetary studies have led me to the conclusion that central banks could profitably be replaced by computers geared to provide a steady rate of growth in the quantity of money. Fortunately for me personally, and for a select group of fellow economists, that conclusion has had no practical impactโฆ else there would have been no Central Bank of Sweden to have established the award [Nobel Prize] I am honoured to receive.
Milton FriedmanThe hypothesis of molecular vortices is defined to be that which assumes - that each atom of matter consists of a nucleus or central point enveloped by an elastic atmosphere, which is retained in its position by attractive forces, and that the elasticity due to heat arises from the centrifugal force of those atmospheres revolving or oscillating about their nuclei or central points.According to this hypothesis, quantity of heat is the vis viva of the molecular revolutions or oscillations.
William John Macquorn RankineIn inner-party politics, these methods lead, as we shall yet see, to this: the party organization substitutes itself for the party, the central committee substitutes itself for the organization, and, finally, a dictator substitutes himself for the central committee.
Leon TrotskyFor Coca-Cola, they wanted a hippie-looking girl to walk around the city with a bucket of chicken sitting in Central Park, sitting on Central Park South, walking along all these different areas of New York that people are familiar with, and just eating this bucket of chicken. I got that commercial too. I think it was just part of my personality that was different from just a regular, nice-looking girl that was more of a model-y type. I injected a little more energy into everything I did.
P. J. SolesThe issue Fodor writes about is central to the psychology of perception, cognition, and action. It is the central issue for anyone who would seriously study the neurobiology of behavior: Is the mind organized horizontally or vertically or both, and what are the consequences to psychology of proceeding on one assumption or the other? This has been little analyzed and written about. Jerry Fodor has repaired that omission and had done it brilliantly.
Alvin LibermanOther people, so I have read, treasure memorable moments in their lives: the time one climbed the Parthenon at sunrise, the summer night one met a lonely girl in Central Park and achieved with her a sweet and natural relationship, as they say in books. I too once met a girl in Central Park, but it is not much to remember. What I remember is the time John Wayne killed three men with a carbine as he was falling to the dusty street in Stagecoach, and the time the kitten found Orson Welles in the doorway in The Third Man.
Walker PercyYes, when they're buying there are more buyers in the market and that's supportive of the price. The more buyers you have, the firmer the price is going to be. When central banks were selling it was a headwind the market had to overcome. Now it's a tailwind that central banks are joining the buyers.
Peter SchiffGlobal central banks are working hard to lift their economies through an aggressively easy monetary policy. The ECB [European Central Bank] and BOJ [Bank of Japan] are buying tens of billions of bonds and other financial securities each month in an effort to stimulate their economies, which is pushing down rates everywhere, including in the U.S.
Mark ZandiFailure to summon forth the courage to risk a nondogmatic and nonevasive stance on such crucial existential matters can also blur our ethical vision. If our actions in the world are to stem from an encounter with what is central in life, they must be unclouded by either dogma or prevarication. Agnosticism is no excuse for indecision. If anything, it is a catalyst for action; for in shifting concern away from a future life and back to the present, it demands an ethics of empathy rather than a metaphysics of fear and hope.
Stephen BatchelorLooking long term, a stronger, wealthier, and more stable Central America next door benefits the United States' own safety, security, and economy.
James T. WalshBut when the self speaks to the self, who is speaking? The entombed soul, the spirit driven in, in, in to the central catacomb; the self that took the veil and left the world -- a coward perhaps, yet somehow beautiful, as it flits with its lantern restlessly up and down the dark corridors.
Virginia WoolfPerhaps the central question about [Eliot] Porter's work is about the relationship between science, aesthetics, and environmental politics. His brother, the painter and critic Fairfield Porter, wrote in a 1960 review of [Porter's] colour photographs: 'There is no subject and background, every corner is alive,' and this suggests what an ecological aesthetic might look like.
Rebecca SolnitIf I were to search for the central core of difficulty in people as I have come to know them, it is that in the great majority of cases they despise themselves, regarding themselves as worthless and unlovable.
Carl RogersMan is a central creature between the animals, that is to say, the most perfect form, which unites the traits of all in the most complete epitome.
Johann Gottfried HerderI teach a graduate seminar called "Theorizing Improvisation" that is pretty interdisciplinary, but really makes students deal with black studies seriously. A lot of authors of color, a lot of women of color - those become central to the intellectual trajectory. It considers music, but it also considers areas of thought that might seem unrelated to music. That's partly because we're expanding the notion of what music is beyond objects, beyond scores, beyond things.
Vijay IyerThe crooks downtown figured out that comedy is like a hammer. It can put up a barn and it can knock down a wall. So they bought it outright and marketed it as Comedy Central.
Lenny BruceIt didn't seem to have relevance, except in Central America or South America, countries where the church was connected to the fight of the people for economic justice. That's why it was so interesting to find myself back with Sister Helen [in Dead Man Walking], this new breed of nuns who were making a difference in the community.
Susan SarandonAn abiding and central concern of philosophy and religion alike is the fear that the world is alien to human beings, that nature is, in Hegel's words, 'out and out other' to 'spirit'. It's easy enough to see how 'constructivist' or 'humanist' conceptions are efforts to dispel this fear.
David E. CooperQuantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason โ QE is not going away for a long time.
Jeffrey GundlachIn the United States, the immigrant experience occupies a very central place in American mythology. And sometimes, that place wavers between acceptance and rejection.
Nguyen Viet ThangI've often been accused of making anthropology into literature, but anthropology is also field research. Writing is central to it.
Clifford GeertzAs far as standup, everybody has a vehicle they are driving. If what you do works, it's like playing golf. If you can master that one swing over and over again, you will be successful. That's what standup is. You have to have a central move and it has to be yours. You have to own your comedy, own what you do.
J. B. SmooveIn any close society it is more urgent to restrain others than to be free oneself. Hence the tendency for the central authority to absorb and supersede such as are local or delegated.
George SantayanaWhen we were negotiating the ongoing financial period in 2013, I talked myself hoarse. London and Berlin in particular insisted on reducing the budget. So we - to the applause of German journalists - made cuts to central future-oriented areas and slashed the budget for development aid, research and technology.
Martin SchulzThe central fact is that overwhelmingly suicide-terrorist attacks are not driven by religion as much as they are by a clear strategic objective.
Robert PapeBeing is central, and Being is now. The fulfillment of your life is not going to happen through anything. The outer activities in your life are secondary. What is Primary is Being.
Eckhart TolleThe one that was most fun was That's My Bush; the part that I did for Comedy Central. That was a hoot. That was more fun that one should be allowed to have.
Timothy BottomsIran's arms exports to the murderous Assad regime in Syria are of particular concern. As the Panel of Experts has concluded, Syria is now the central party to illicit Iranian arms transfers.
Susan RiceAs a news person, you can't spend all your time responding to a Comedy Central star. It's not what we do.
Megyn KellyVocals are not central to what I do, and I've never liked singing live. I've always been more inspired by rhythm, texture, harmony than vocal melodies and lyrics. Plus, for me, I can better express my musical ideas through instrumental music than vocal music, the emotional interpretation of which can easily supersede the actual musical content or aim.
Laurel HaloCan we hush the fears that so easily and frequently beset us in our contemporary world? The answer to this question is an unequivocal yes. Three basic principles are central to receiving this blessing in our lives: (1) look to Christ, (2) build upon the foundation of Christ, and (3) press forward with faith in Christ.
David A. BednarSo what is the role that credit default swaps can play in an economy? Well my feeling is that if these things actually will now be traded on either exchanges or some kind of central clearing, they are going to be a very good measure of the credit worthiness of different companies.
Robert F. EngleRevealingly, the central function of the Constitution as law--the supreme law--was to impose limitations not on the behavior of ordinary citizens but on the federal government. The government, and those who ran it, were not placed outside the law, but expressly targeted by it. Indeed, the Bill of Rights is little more than a description of the lines that the most powerful political officials are barred from crossing, even if they have the power to do so and even when the majority of citizens might wish them to do so.
Glenn GreenwaldMy central claim is that we can become like Christ by doing one thing -- by following him in the overall style of life he chose for himself.
Dallas WillardI think central to what we do is thinking about what's our role, how does this idea of being a band and getting on the stage and playing stuff.
Andy GillThe creation story unfurling within the scientific enterprise provides the fundamental context, the fundamental arena of meaning, for all the peoples of the Earth. For the first time in human history, we can agree on the basic story of the galaxies, the stars, the planets, minerals, life forms, and human cultures. This story does not diminish the spiritual traditions of the classical or tribal periods of human history. Rather, the story provides the proper setting for the teachings of all traditions, showing the true magnitude of their central truths.
Brian SwimmeThe sixteen hundred dairies in Californiaโs Central Valley alone produce more waste than a city of twenty-one million people-thatโs more than the populations of London, New York, and Chicago combined.
Gene BaurIf information and knowledge are central to democracy, they are the conditions for development.
Kofi AnnanGiving up everything must mean giving over everything to kingdom purposes, surrendering everything to further the one central cause, loosening our grip on everything. For some of us, this may mean ridding ourselves of most of our possessions. But for all of us it should mean dedicating everything we retain to further the kingdom. (For true disciples, however, it cannot mean hoarding or using kingdom assets self-indulgently.)
Randy AlcornIs an animal less or more intelligent because it lives without clothes, central heating, and well, atom bombs ?
Jim NollmanThe electric age ... established a global network that has much the character of our central nervous system.
Marshall McLuhanIt is energy - the central element of which is will - that produces the miracle that is enthusiasm in all ages. Everywhere it is what is called force of character and the sustaining power of all great action
Samuel SmilesThe police don't look at you as long when they drive past. Sometimes they don't look at you at all. In South Central, you've got them looking and lurking. I think it's basic harassment. It's part of their tactics to have everybody nervous of them. In the valley, at least I don't feel it the same way.
Ice CubeNo doubt that anarchist ideas are frightening to those in power. People in power can tolerate liberal ideas. They can tolerate ideas that call for reforms, but they cannot tolerate the idea that there will be no state, no central authority. So it is very important for them to ridicule the idea of anarchism to create this impression of anarchism as violent and chaotic. It is useful for them.
Howard ZinnThe mutability of the past is the central tenet of Ingsoc. Past events, it is argued, have no objective existance, but survive only in written records and in human memories. The past is whatever the records and the memories agree upon. And since the Party is in full control of all records, and in equally full control of the minds of its members, it follows that the past is whatever the Party chooses to make it.
George Orwell