Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Monday, December 19, 2011

Daily Quotes


Investors in the corporate bond market do not enjoy the same access to information as a car buyer or, dare I say, a fruit buyer.


- SEC Chairman Arthur Levitt

Wikiquote quote of the day:

We have reversed the usual classical notion that the independent
"elementary parts" of the world are the fundamental reality, and that
the various systems are merely particular contingent forms and
arrangements of these parts. Rather, we say that inseparable quantum
interconnectedness of the whole universe is the fundamental reality,
and that relatively independent behaving parts are merely particular
and contingent forms within this whole.
--David Bohm
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chart of the day, gold 300 day moving average
Here's the chart.
(And for what it's worth, the current 300-day moving average right now is somewhere around $1538/oz.)and Gold is at $16000 per Oz. today....
Read more: http://www.businessinsider.com/chart-of-the-day-gold-vs-the-300-day-moving-average-2011-12?
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