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Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.
Peter SchiffIf the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped us to understand why capitalism won by a knockout. It was Hayek who elaborated the basic argument demonstrating that central planning was nothing else but an impoverishing fantasy.
Kenneth MinogueIt is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.
Paul VolckerWith the arrival of electric technology, man extended, or set outside himself, a live model of the central nervous system itself. To the degree that this is so, it is a development that suggests a desperate and suicidal autoamputation, as if the central nervous system could no longer depend on the physical organs to be protective buffers against the slings and arrows of outrageous mechanism.
Marshall McLuhanThe central significance of prayer is not in the things that happen as results, but in the deepening intimacy and unhurried communion with God at His central throne of control in order to discover a sense of God's need in order to call on God's help to meet that need.
Edward McKendree BoundsMoney is central to our lives. Yet money is not of central importance. It has nothing whatsoever to do with the lasting values that make life worth living.
Kent NerburnThe blogs have been great and everything, but I think, for me, it's better to have a central place on the Internet for all my fans to go and show their friends my YouTube, Twitter, and social networking sites. To have that spread all on its own and have a central station to get everything Mac Miller.
Mac MillerThe first thing I would do is create one office that controlled all of pro tennis so you had one central voice that spoke for tennis. Central governance is something that's really held the sport back and will continue to do so.
Jim CourierThe effects of illegal immigration aren't that different from those of legal immigration โan illiterate Central American farmer with a green card is just as unsuited for a 21st-century economy as an illiterate Central American farmer without a green card.
Mark KrikorianGlobal 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 ZandiI think of myself as Rebecca Wells from Lodi Plantation, in Central Louisiana, a girl who was lucky enough to be born into a family that encouraged creativity and didn't call me lazy or nuts when I dressed up in my mother's peignoirs and played the piano, having painted a small sign decorated in glitter that read 'The Piano Fairy Girl.
Rebecca WellsIt is well known that the central problem of the whole of modern mathematics is the study of transcendental functions defined by differential equations.
Felix KleinHillary Clinton is making income inequality a central theme in her campaign. Yeah, for example, today she pointed out that her husband makes $300 million a year. She has to get by on $200 million a year, and that's not fair.
Conan O'BrienIncreased revenues, meaning higher taxes, will be a central element of any successful long-term budget plan, and President Obama is right to insist that the wealthy - the slice of America that has come through the recession in by far the best financial health - should provide those funds.
Steven RattnerAn 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. CooperThe whole conviction of my life now rests upon the belief that loneliness, far from being a rare and curious phenomenon, is the central and inevitable fact of human existence.
Thomas WolfeWe see things like reciprocity which are fairly central to our view of ethics. But if you're talking about a set of worked-out rules on what we are supposed to do then, yes, it is a human product.
Peter SingerDebt, weve learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies - but all require one similar ingredient to create a true crisis: too much leverage.
Andrew Ross SorkinThe writing of solid, instructive stuff fortified by facts and figures is easy enough. There is no trouble in writing a scientific treatise on the folk-lore of Central China, or a statistical enquiry into the declining population of Prince Edward Island. But to write something out of one's own mind, worth reading for its own sake, is an arduous contrivance only to be achieved in fortunate moments, few and far in between. Personally, I would sooner have written Alice in Wonderland than the whole Encyclopedia Britannica.
Stephen LeacockThe Islamic world doesn't stop in the Arab world or Persia. There is the whole Turkic world, the Central Asian world, South Asian world, Southeast Asian world, and African world.
Seyyed Hossein NasrThe establishment of a clear, central purpose or goal in life is the starting point of all success
Brian TracyAs 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. SmooveMy diabetes is such a central part of my life... it did teach me discipline... it also taught me about moderation... I've trained myself to be super-vigilant... because I feel better when I am in control.
Sonia SotomayorI have information about things that our government has lied to us about. I know. For example, to say that since the fall of the Soviet Union we ceased all of our intimate relationship with Bin Laden and the Taliban - those things can be proven as lies, very easily, based on the information they classified in my case, because we did carry very intimate relationship with these people, and it involves Central Asia, all the way up to September 11.
Sibel EdmondsThe Democrats have come right out and said it: the power of the central government shall have no limits at all.
Mia LoveIt is no coincidence that the century of total war coincided with the century of central banking.
Ron PaulCanadians were the first anti-Americans, and the best. Canadian anti-Americanism, just as the country's French-English duality, has for two centuries been the central buttress of our national identity.
Jack GranatsteinGun control laws don't work. What is worse, they act perversely. While legitimate users of firearms encounter intense regulation, scrutiny and bureaucratic control, illicit markets easily adapt to whatever difficulties a free society throws in their way. Also, efforts to curtail the supply of firearms inflict collateral damage on freedom and privacy interests that have long been considered central to American public life.
Daniel D. PolsbyIt is possible for a kid from east Texas, raised in south central LA and Carson, who believes in his dreams, commits himself to them with his heart, to touch them and to have them happen.
Forest WhitakerGod will forgive you if you forgive others. Forgiving those who cause offence or injury is often exceedingly difficult. And yet, forgiveness is one of the most beautiful and important teachings of Jesus Christ. It is central to the gospel because, without it, you can't go to heaven.
Patrick MadridEach of us is born with a series of built-in confusions that are probably somehow Darwinian. These are: (1) we're central to the universe (that is, our personal story is the main and most interesting story, the only story, really); (2) we're separate from the universe (there's US and then, out there, all that other junk - dogs and swing-sets, and the State of Nebraska and low-hanging clouds and, you know, other people), and (3) we're permanent (death is real, o.k., sure - for you, but not for me).
George SaundersWho ... is not familiar with Maxwell's memoirs on his dynamical theory of gases? ... from one side enter the equations of state; from the other side, the equations of motion in a central field. Ever higher soars the chaos of formulae. Suddenly we hear, as from kettle drums, the four beats 'put n=5.' The evil spirit v vanishes; and ... that which had seemed insuperable has been overcome as if by a stroke of magic ... One result after another follows in quick succession till at last ... we arrive at the conditions for thermal equilibrium together with expressions for the transport coefficients.
Ludwig BoltzmannForests and trees make significant direct contributions to the nutrition of poor households ... [as] rural communities in Central Africa obtained a critical portion of protein and fat in their diets through hunting wildlife from in and around forests. The five to six million tonnes of bushmeat eaten yearly in the Congo Basin is roughly equal to the total amount of beef produced annually in Brazil - without the accompanying need to clear huge swathes of forest for cattle.
Frances Ford SeymourThe seizure of power by armed force, the settlement of the issue by war, is the central task and the highest form of revolution. This Marxist-Leninist principle of revolution holds well universally, for China and for all other countries.
Mao ZedongThe 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 SwimmeJust walking in the kitchen (and we have three kitchens at Le Bernardin), I exercise quite a lot. I also walk in Central Park for 50 minutes from my house to Le Bernardin every day, rain, shine, snow.
Eric RipertThe central government possesses no plan of finding the way out of this blind alley.
Aleksandr SolzhenitsynWe have got to accept Big Government for the duration-for neither an offensive nor a defensive war can be waged, given our present government skills, except through the instrument of a totalitarian bureaucracy within our shores. โฆ And if they deem Soviet power a menace to our freedom (as I happen to), they will have to support large armies and air forces, atomic energy, central intelligence, war production boards, and the attendant centralization of power in Washington-even with Truman at the reins of it all.
William F. Buckley, Jr.It 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 task of saving the earth's environment must and will become the central organizing principle of the post-Cold War world.
Al GoreTo know me is to love me. This cliche is popular for a reason, because most of us, I imagine, believe deep in our hearts that if anyone truly got to know us, they'd truly get to love us - or at least know why we're the way we are. The problem in life, maybe the central problem, is that so few people ever seem to have sufficient curiosity to do the job on us that we know we deserve.
Roger EbertPersonality is a manifestation of ego. Ego is the central sense of separateness that a person has from the rest of the universe. Personality is the form that that separateness take.
Frederick LenzPerhaps the central problem we face in all of computer science is how we are to get to the situation where we build on top of the work of others rather than redoing so much of it in a trivially different way.
Richard HammingPitching in the Olympic Games, Pan Am Games and Central American games prepared me to pitch at the big-league level.
Jose ContrerasI helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.
Smedley ButlerIt's all still about having a good story. You have to have a good story as your anchor, as your main focus. So for me, personally, I just like to concentrate on writing the best book I can, and if there's other stuff that goes along with it, that's awesome, as long as the story is central.
Rick RiordanAnd what could be a hotter ticket than the improbable triumph of 'The Book of Mormon,' the musical-comedy moon shot of the season? Its creators, Matt Stone and Trey Parker, of Comedy Central's 'South Park,' are the most unlikely Rodgers and Hammerstein team ever to bowl a thundering strike.
James Wolcott