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John Kenneth Galbraith Quotes: Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed.
         

Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed.


John Kenneth Galbraith
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Other quotes of John Kenneth Galbraith


The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.



Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.

Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.



Under capitalism, man exploits man. Under communism, it's just the opposite.

Under capitalism, man exploits man. Under communism, it's just the opposite.



But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.

But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.



Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.



If all else fails immortality can always be assured by adequate error.

If all else fails immortality can always be assured by adequate error.



The process by which banks create money is so simple that the mind is repelled.

The process by which banks create money is so simple that the mind is repelled.



There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.



Simple minds, presumably, are the easiest to manage.

Simple minds, presumably, are the easiest to manage.



Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.

Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.





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Don't ask me who's influenced me. A lion is made up of all the lambs he's digested, and I've been reading all my life.

Don't ask me who's influenced me. A lion is made up of all the lambs he's digested, and I've been reading all my life.



Her eyes were the color of whiskey and grace. Moments with her always felt like getting drunk on Sundays.

Her eyes were the color of whiskey and grace. Moments with her always felt like getting drunk on Sundays.



To get the full value of joy you must have someone to divide it with.

To get the full value of joy you must have someone to divide it with.



It's what the loss uncovers in you that brings on despair, not the loss itself.

It's what the loss uncovers in you that brings on despair, not the loss itself.



The journey is about coming home....There is always the return. And the wound will take you there. It is a blood-trail." (p. 220, 222)

The journey is about coming home....There is always the return. And the wound will take you there. It is a blood-trail." (p. 220, 222)



The object of teaching a child is to enable the child to get along without the teacher. We need to educate our children for their future, not our past.

The object of teaching a child is to enable the child to get along without the teacher. We need to educate our children for their future, not our past.



The young remember most deeply.... When we are old and failing, it is the memories of childhood which can be summoned most clearly.

The young remember most deeply.... When we are old and failing, it is the memories of childhood which can be summoned most clearly.



My favorite question is 'What do you do?' I'm like, 'I'm a walking cliche: I'm a model and an actress.

My favorite question is 'What do you do?' I'm like, 'I'm a walking cliche: I'm a model and an actress.



We get paid for bringing value to the marketplace. It takes time,... but we get paid for the value, not the time.

We get paid for bringing value to the marketplace. It takes time,... but we get paid for the value, not the time.



You lose your anonymity just like a helium balloon with a string. Therefore people are going to have their own opinion and they're going to write in whatever clever manner they desire

You lose your anonymity just like a helium balloon with a string. Therefore people are going to have their own opinion and they're going to write in whatever clever manner they desire




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This page presents the quote "Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed.". Author of this quote is John Kenneth Galbraith. This quote is about taught, aspect, history, federal reserve, disregard, investing,.