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

Saturday, January 24, 2015

Central Banks according to:


In central banking as in diplomacy, style, conservative tailoring, and an easy association with the affluent count greatly, and results far much less.

- J. K. Galbraith.



 “There’s danger in just shoveling out money to people who say,‘My life is a little harder than it used to be, at a certain place you’ve got to say to the people, ‘Suck it in and cope, buddy. Suck it in and cope.’”

- Charlie Munger.


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