If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.
Annihilation has no terrors for me, because I have already tried it before I was born --a hundred million years --and I have suffered more in an hour, in this life, than I remember to have suffered in the whole hundred million years put together.
We try to avoid the single-building syndrome. You have to look at the big picture. If you try to put social and cultural development ahead of economic development, it doesn’t work. You have to do it all together.
The signs of excessive indulgence in this destructive pastime are easily detectable. They are these: A disposition to eat, to drink, to smoke, to meet together convivially, to laugh, to joke, and tell indelicate stories— and mainly, a yearning to paint pictures.
The hole in the ozone layer is a kind of skywriting. At first it seemed to spell out our continuing complacency before a witch's brew of deadly perils. But perhaps it really tells of a newfound talent to work together to protect the global environment.
If they do not share equally enjoyments and toils, those who labor much and get little will necessarily complain of those who labor little and receive or consume much. But indeed there is always a difficulty in men living together and having all human relations in common, but especially in their having common property.