Posts Tagged ‘result’

“Progress itself is a result of accumulated knowledge…. Life gives you the answers. But it must be allowed to speak the truth.” -Bill Bonner

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Impressive Result

Posted: April 13, 2019 in Thought for the Day
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“What impresses men is not mind, but the result of mind.” -Walter Bagehot

“A purposeful action is performed by a conscious being with a mind, who is trying to achieve a goal. Mindless behavior refers
to motions in the physical world that are the result of “mere nature” and not the intentions of another thinking being.” -Robert Murphy

Habit Result

Posted: July 4, 2018 in Thought for the Day
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“95% of everything you do is the result of habit.” -Aristotle

“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” -Unknown

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“Here’s a chart based on research from the Economic Policy Institute that describes the problem. As you can see, productivity in this country grew nearly 250% between 1948 and 2014, but median wages only grew 109%…You’ll also notice that the divergence begins around 1971… the year President Nixon removed the U.S. dollar from gold.

Why? Because paper money doesn’t transmit gains in productivity like real, sound money should.

In short, when the dollar was unlinked from gold, the government was granted the ability to create unlimited amounts of new money. But this money doesn’t flow to everyone equally. It is created in the banks, and then works its way through the financial system before eventually trickling down through the real economy. The result is that asset and consumer prices have risen far faster than wages.” -Justin Brill

“Quality is never an accident.  It is always the result of intelligent effort.” -John Ruskin