When Trust Is Lost, A Nation's Ability

We As Central Bankers Need Not Be Concerned If A Collapsing Financial Asset Bubble Does Not Threaten To Impair The Real Economy, Its Production, Jobs And Price Stability.

All Taxes Are A Drag On Economic Growth. It's Only A Question Of Degree.

It Is Decidedly Not True That "nice Guys Finish Last," As That Highly Original American Baseball Philosopher, Leo Durocher, Was Alleged To Have Said.

It's A Bubble. It Has To Have Intrinsic Value. You Have To Really Stretch Your Imagination To Infer What The Intrinsic Value Of Bitcoin Is. I Haven't Been Able To Do It. Maybe Somebody Else Can.

Corruption, Embezzlement, Fraud, These Are All Characteristics Which Exist Everywhere. It Is Regrettably The Way Human Nature Functions, Whether We Like It Or Not. What Successful Economies Do Is Keep It To A Minimum. No One Has Ever Eliminated Any Of That Stuff.