Real Exchange Rate

Famous quotes containing the words real, exchange and/or rate:

    The average educated man in America has about as much knowledge of what a political idea is as he has of the principles of counterpoint. Each is a thing used in politics or music which those fellows who practise politics or music manipulate somehow. Show him one and he will deny that it is politics at all. It must be corrupt or he will not recognize it. He has only seen dried figs. He has only thought dried thoughts. A live thought or a real idea is against the rules of his mind.
    John Jay Chapman (1862–1933)

    But come what sorrow can,
    It cannot countervail the exchange of joy
    That one short minute gives me in her sight.
    William Shakespeare (1564–1616)

    I don’t know but a book in a man’s brain is better off than a book bound in calf—at any rate it is safer from criticism. And taking a book off the brain, is akin to the ticklish & dangerous business of taking an old painting off a panel—you have to scrape off the whole brain in order to get at it with due safety—& even then, the painting may not be worth the trouble.
    Herman Melville (1819–1891)