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

Sunday, December 8, 2013

Bitcoin a Bubble Says Greenspan


View this content on Bloomberg News's website

Greenspan Says Bitcoin a Bubble Without Intrinsic Currency Value

Former Federal Reserve Chairman Alan Greenspan said Bitcoin prices are unsustainably high after surging 89-fold in a year and that the virtual money isn’t currency. 

 
 
 
Greenspan says Bitcoin prices unsustainably high, virtual money isn’t currency 


 
 
 
 

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