The Center of the Universe

St Croix, United States Virgin Islands

MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Good quote

Posted by WARREN MOSLER on July 14th, 2010

“All the perplexities, confusion and distress in America arise not from defects in the Constitution
or Confederation, nor from want of honor or virtue, so much as downright ignorance of the
nature of coin, credit, and circulation.” – John Adams in a letter to Thomas Jefferson

3 Responses to “Good quote”

  1. Michael Valotta Says:

    So true. That’s why I’m glad I found your site! :)

    Reply

  2. Tom Hickey Says:

    Another oldie but goodie to go with it: “The more things change the more they remain the same,” which is abbreviated as “same-o, same-o.”

    Reply

  3. beowulf Says:

    Daniel Webster had a cool line about Alexander Hamilton that’s engraved on the base of his statute outside the Treasury Building.

    He smote the rock of the national resources and abundant streams of revenue gushed forth. He touched the dead corpse of the public credit and it sprang upon its feet.
    http://www.flickr.com/photos/wallyg/3643080789/

    Reply

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