As long as we issue fiat currency, I see no alternative to a legal tender law.
Anything that we can do to raise personal savings is very much in the interest of this country.
Greenspan, who knew so much more than most, knew far less than most supposed.
Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so...
Whatever you tax you get less of.
Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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