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The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes so far as that thing goes.

We're living through the twilight of American economic dominance.

The 1950s and 1960s had been a period of enormous growth, the highest in American history, maybe in economic history.

The constant influx of new cultures, new ideas and new ways of looking at old problems is a big part of the reason why America has been the most dynamic economy in the world for well over a century.

When the commodities go up and the cost of transportation is going up, and the value of the dollar is going down, it's all going to translate to an 8 to 10 percent rise in food prices.

1900 was a bit of mixed bag, it seems to me, on the one hand, because this is the year when this country becomes the premiere producer of manufactured goods. Clearly, a lot of people were making a lot of money, but it's also a time that reflects the savaging of one of the deepest depressions.

Americans now know that housing prices can go down and they can go down by 10, 20, 30, and in some cases, 40 or 50 percent. We know they can go down. But five years ago, we thought they could only go up.

Businesses are going to innovate in how they bring prices down so people can shop the way they want.

Global fuel and consumption, however, is projected to increase by 100 to 150 percent over the next 20 years, driven largely by the rapidly growing Chinese and Indian economies; and this growth and this increase in demand will force prices even higher.

Today, in American imperialism, the commodity has reached its most grandiose historical manifestation.