Speculation Quotes

“Our are speculations are not the measure of our God.”

“An attempt is sometimes made to demonstrate the desirability of measures directed against speculation by reference to the fact that there are times when there is nobody in opposition to the bears in the foreign-exchange market so that they alone are able to determine the rate of exchange. That, of course, is not correct. Yet it must be noticed that speculation has a peculiar effect in the case of a currency whose progressive depreciation is to be expected while it is impossible to foresee when the depreciation will stop, if at all. While, in general, speculation reduces the gap between the highest and lowest prices without altering the average price-level, here, where the movement will presumably continue in the same direction, this naturally can not be the case. The effect of speculation here is to permit the fluctuation, which would otherwise proceed more uniformly, to proceed by fits and starts with the interposition of pauses.”

“Time destroys the speculation of men, but it confirms nature.”

“Philosophy in its old form could exist only in the absence of engineering, but with engineering in existence and daily more active and far reaching, the old verbalistic philosophy and metaphysics have lost their reason to exist. They were no more able to understand the "production" of the universe and life than they are now able to understand or grapple with "production" as a means to provide a happier existence for humanity. They failed because their venerated method of "speculation" can not produce, and its place must be taken by mathematical thinking. Mathematical reasoning is displacing metaphysical reasoning. Engineering is driving verbalistic philosophy out of existence and humanity gains decidedly thereby. Only a few parasites and "speculators" will mourn the disappearance of their old companion "speculation." The world of producers -the predominating majority of human beings- will welcome a philosophy of ordered thought and production.”

“Speculation is a dangerous thing without any evidence to back it up.”

“A life based on [religious] faith is a life based on pure speculation, and speculation is, by its very definition, unsound.”

“...an' there never yet was speculation but in the long run, it meant smash. Ye run so hard that ye fall ower yoursel”

“I do not believe in any religion, I will have nothing to do with immortality. We are miserable enough in this life without speculating upon another.”

“I am just the biologist; I don’t require any of this to have a deeper meaning. I am aware that all of this speculation is incomplete, inexact, inaccurate, useless. If I don’t have real answers, it is because we still don’t know what questions to ask. Our instruments are useless, our methodology broken, our motivations selfish.”