The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.
Members of Congress on both sides of the aisle, are motivated by all kinds of issues. They're sincerely interested in the economy, in terrorism, in social issues. But the one overriding thing they're interested in is getting reelected. And if they think that it's harder for them to get reelected by cooperating with each other, then they won't cooperate.
One of the great qualities of Chancellor Merkel is that she is steady. She analyzes a situation. She's honest. Sometimes we've had disagreements, but when we do, it's very constructive. And we are consistently open with each other about how we should approach these issues.
Back in the '50s and '60s, most politicians were concerned about not talking about faith, partly because there were consequences you had to deal with - (for instance) Catholicism had been made an issue.
There is no doubt the charge was an awful gamble and that no normal precautions were possible. The issue as far as I was concerned had to be left to Fortune or to God - or to whatever may decide these things. I am content and shall not complain.
I have one other issue I'd like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here. If we are dealing with psychology, then the thermometers one uses to measure it have an effect. I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market. There's an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.
It's hard to fully enjoy your time on Earth without having your health. Ask anyone battling health issues - most especially, issues that could have been avoided. For me, I read food labels, I seek out places to purchase the best-quality foods available to me, and I inquire about how they are produced (meats and fruits/vegetables).
We have to deal with issues like inequality, we have deal with issues of economic dislocation, we have to deal with peoples fears that their children won't do as well as they have. The more aggressively and effectively we deal with those issues, the less those fears may channel themselves into counter-productive approaches that pit people against each other.
I think at a certain age I became conscious of the power of words. And it was fairly late. I was kind of a goofball - but I was always subconsciously thinking about issues.