A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.
Copy QuoteA nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual doom.
Copy Quote View & ShareMoney cannot buy peace of mind. It cannot heal ruptured relationships, or build meaning into a life that has none.
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