Posts Tagged ‘possible’

“Knowledge learned the hard way combined with the avoidance of error, whenever and wherever possible, is the soundest basis for success in any endeavor.” -Felix Dennis

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“Traditionally, inflation has been defined as ‘an increase in the amount of currency in circulation’….   Unfortunately, in recent decades, even dictionaries have been offering a revised definition of inflation, as ‘an increase in the price of goods and services’….

The purpose of bank-created inflation is to extract wealth from the populace.  By regularly increasing the amount of currency in circulation, banks create an environment in which the concept of debt appears to be beneficial. As a result, virtually everyone in today’s society not only has debt; he actually believes that he couldn’t improve his life except through debt….  In essence, the inflation concept was invented by banks as an invisible tax—a means by which they could extract wealth from the populace.

In effect, the individual is used by the banking system as a milk cow. For his entire working life, inflation is carefully adjusted to extract as much monetary value from his labours as possible, whilst still leaving him capable of continued production….

Refuse to borrow money for any situation. Yes, it will mean that, as your friends show off their new cars, you’ll be driving an older model. They’ll also live in nicer houses than you and they’ll ‘own’ their own house before you do. But, at some point, since you’re free from debt, you’ll pass them by and eventually retire well.

By understanding inflation, and acting on that understanding, the odds of living your life as a milk cow can be greatly diminished.”

-Jeff Thomas

“The one thing I wish I had known in my 20’s…. EVERYTHING you think is important and meaningful has absolutely no bearing on your future life….   So the only thing I can with full integrity say I wish I had known is: nothing at all matters….  The main skill I got between my 20’s and now is that I bounce back from bad things faster….  Now I bounce back from bad things faster.  It’s freeing.  I go all out every day.  I throw myself into everything.  I cut what doesn’t work and I ignore the rules that keep me from doing what I know is possible.  And when I do everything works better for me.” -James Altucher

The billboard read, “Life is an adventure, take risks.”  Good advice but I would add a single word, calculated.  Take calculated risks and reduce risk when possible.

“You correct your mistakes, or they correct you. No other outcome is possible.” -Bill Bonner

Status Quo

Posted: November 2, 2013 in Thought for the Day
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“Failure is the only possible result of a life that accepts the status quo.” -Joshua Chamberlein

“Nothing will ever be attempted, if all possible objections must be first overcome.” -Samuel Johnson