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Read through the most famous quotes by topic #england
Israel was thinking of warm beer, and muffins, and Wensleydale cheese, and Wallace and Gromit, and the music of Elgar, and the Clash, and the Beatles, and Jarvis Cocker, and the white cliffs of Dover, and Big Bend, and the West End, and Stonehenge, and Alton Towers, and the Last Night of the Proms, and Glastonbury, and William Hogarth, and William Blake, and Just William, and Winston Churchill, and the North Circular Road, and Grodzinski's for coffee, and rubbish, and potholes, and a slice of Stilton and a pickled onion, and George Orwell. And Gloria, of course. He was almost home to Gloria. G-L-O-R-I-A. ↗
In fact this is precisely the logic on which the Bank of England—the first successful modern central bank—was originally founded. In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank—in effect, to circulate or "monetize" the newly created royal debt. This was a great deal for the bankers (they got to charge the king 8 percent annual interest for the original loan and simultaneously charge interest on the same money to the clients who borrowed it) , but it only worked as long as the original loan remained outstanding. To this day, this loan has never been paid back. It cannot be. If it ever were, the entire monetary system of Great Britain would cease to exist. ↗
Withstanding the cold develops vigor for the relaxing days of spring and summer. Besides, in this matter as in many others, it is evident that nature abhors a quitter. ↗
