Sebastian Pinera Quotes
You will never solve the American problems just by printing money.
Piñera, Sebastián. Interview by Fareed Zakaria. Fareed Zakaria GPS, CNN, 25 Sept. 2011.
There actually are restraints on how much paper money a government will issue, but unlike with a gold standard where the restraint is external and controlled by how much gold the country can amass. However, with paper money the restraints area all internal. If too much money is printed, the value of the money relative to gold, silver and other nation’s money will go down and imports will become more expensive. Excessive printing of money can easily produce inflation. However, the internal restraints can be overcome by the government’s need to raise money for war, debt or other purposes. So Paul and many other politicians have a deep distrust of paper money not backed by Gold or Silver. In the United States however, the Government does not control the money supply or the printing policies of money. This is under the control of the Federal Reserve Board which while appointed by President’s as terms expire, have a great deal of independence both from the Executive and Legislative Branches. For that reason Paul is even more distrustful when the Federal Reserve decides to print money. See {629491} for his unsuccessful effort to abolish the Federal Reserve Bank.
Perry was an extremist politician who commonly exaggerated things to the delight of his supporters and the chagrin of his opponents.
This quotation is fascinating because it illustrates the degree to which the Southern people censored themselves on what in most cultures would be morale issues. In many ways the ability to ignore reality made it easier for the Confederate government to operate, but distorted the decisions that were made. Arguably, in most other cultures, public opinion on the reality of the situation would have brought the war to an end sooner and ironically on far better terms than they ended up with. Eggleston was an accomplished writer who had served in the Confederate army of the Civil War. 20 year after the war he wrote a series of articles for the prestigious Northern Atlantic Monthly trying to convey the war from the Southerner’s point of view.
Miguel Juan Sebastián Piñera Echenique is the 36th and current President of Chile, following his election in December 2017. He also served as the 34th President from 2010 to 2014. He is the second Chilean President to serve two terms.
