#one

I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should worry about their own capital functioning. That's what they should do. It shouldn't be a government function. ↗

— Arthur Laffer

#banks #capital #clear #everyone #function

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten. ↗

— Arthur Laffer

#apples #base #bumper #cannot #colonial

Sound money is the sine qua non of a prosperous society. ↗

— Arthur Laffer

#non #prosperous #sine #society #sound

What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money. ↗

— Arthur Laffer

#amount #because #dollars #except #fact

When you look at the world, everyone in the world who cares about his or her family wants to have a major portion of their assets in the United States because we are the growth country and the freedom loving country. ↗

— Arthur Laffer

#assets #because #cares #country #everyone

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation. ↗

— Arthur Laffer

#classic #economy #fewer #goods #inflation

The picture alone, without the written word, leaves half the story untold. ↗

— James Lafferty

#half #leaves #picture #story #untold

Tom Hanks has been a huge idol of mine. I'd love to work with someone like him someday. You could learn a lot working with someone like that. ↗

— James Lafferty

#could #hanks #him #huge #i

It's nice to see the young ones 7, 8, 9 years old. It seems like they know you through their parents. ↗

— Guy Lafleur

#like #nice #old #ones #parents

What I remember most about junior homecoming was my date getting sick afterwards. That kinda sucked. Then, senior year, someone got gum in her hair when we were dancing. She had to get one of the chaperones to take her to the office and cut up her hair. I felt really bad for her, but it worked out fine. ↗

— James Lafferty

#about #afterwards #bad #cut #dancing