Required Reserve Ratio

Famous quotes containing the words required, reserve and/or ratio:

    There were some schools, so called [in my youth]; but no qualification was ever required of a teacher, beyond “readin, writin, and cipherin,” to the Rule of Three. If a straggler supposed to understand latin, happened to sojourn in the neighborhood, he was looked upon as a wizzard. There was absolutely nothing to excite ambition for education.
    Abraham Lincoln (1809–1865)

    Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.
    René Daumal (1908–1944)

    Official dignity tends to increase in inverse ratio to the importance of the country in which the office is held.
    Aldous Huxley (1894–1963)