“Trickle-down theory represents the less than elegant metaphor that if one feeds the horse enough oats, some will pass through to the road for the sparrows.” John Kenneth Galbraith
"You should thank God the government saved the big banks and their investors. Now, if you talk about bailouts for everybody else, there comes a place where if you just start bailing out all the individuals instead of telling them to adapt, the culture dies. Suck it in and cope."
Charlie Munger, Christian Science Monitor, September 30, 2010
"The [gold] exchange is a fractional reserve exchange, and they think that price will solve everything." Kyle Bass
"The most urgent problem facing the US and the Western nations is not a [debt limit] 'fiscal cliff.' It is the pernicious corruption in the financial system that has captured the politicians of both parties, and distorted the public conversation through influence in the media and directing the opinions and buying the research of 'experts' through the power of big money." https://jessescrossroadscafe.blogspot.com/
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