Category: Quote of the Day

“It could unfold very, very quickly. Because deflation is a swing of poverty feedback, it can take awhile to build up. If you try to explain to people what’s coming, because it doesn’t happen instantly, they tend to go back to sleep. The thing they need to understand, however, is that when it does hit a tipping point, a kind of critical mass, then it can unfold exceptionally quickly. Then it’s very much like having the rug pulled out from under your feet. So I tell people all the time, prepare now because it’s better to be two years too …

“And we know that all things work together for good to them that love God, to them who are the called according to his purpose.” – Romans 8:28 (KJV)

“…his father always said this was why he’d escaped from Iran–to be free. Free to think. Free to work. Free to play. Free to travel. Free to do whatever he pleased, without a tyrant controlling his every move. Amen, David thought.” – Joel C. Rosenberg, from the novel The Twelfth Imam (p. 66.)

"The truth will set you free, but first it will make you miserable." – President James Garfield

"The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception." – Friedrich Hayek

"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." – Napoleon Bonaparte

“Our advice: don’t grow old. Don’t retire. Don’t get sick. Don’t trust the feds. And don’t sell your gold.” – Bill Bonner

“We hold from God the gift which includes all others. This gift is life — physical, intellectual, and moral life. But life cannot maintain itself alone. The Creator of life has entrusted us with the responsibility of preserving, developing, and perfecting it. In order that we may accomplish this, He has provided us with a collection of marvelous faculties. And He has put us in the midst of a variety of natural resources. By the application of our faculties to these natural resources we can convert them into products, and use them. This process is necessary in order that life …

"O our God, will you not execute judgment on them? For we are powerless against this great horde that is coming against us. We do not know what to do, but our eyes are on you." – 2 Chronicles 20:12 (ESV)

“The Great Depression was caused by Federal Reserve expansion of the money supply in the 1920s that led to an unsustainable credit-driven boom. When the Federal Reserve belatedly tightened in 1928, it was too late to avoid financial collapse. According to Murray Rothbard, in his book America’s Great Depression, the artificial interference in the economy was a disaster prior to the depression, and government efforts to prop up the economy after the crash of 1929 only made things worse. Government intervention delayed the market’s adjustment and made the road to complete recovery more difficult. The parallels with today are uncanny.” …

"Statesmen, my dear Sir, may plan and speculate for liberty, but it is Religion and Morality alone, which can establish the Principles upon which Freedom can securely stand. The only foundation of a free Constitution is pure Virtue, and if this cannot be inspired into our People in a greater Measure, than they have it now, they may change their Rulers and the forms of Government, but they will not obtain a lasting liberty." – President John Adams, June 21, 1776

"All human situations have their inconveniences. We feel those of the present but neither see nor feel those of the future; and hence we often make troublesome changes without amendment, and frequently for the worse." – Benjamin Franklin

“Maybe the Fed can fool some of the people some of the time, but it can’t fool all of the people all of the time. In the process, policy makers may end up fooling themselves that they can create expectations of a little more inflation without delivering a lot of the real thing.” – Caroline Baum

“There are two ways to sleep well at night… be ignorant or be prepared.” – Simon Black, Editor of the Sovereign Man blog.

"If we find ourselves with a desire that nothing in this world can satisfy, the most probable explanation is that we were made for another world." – C.S. Lewis