Among other possibilities, money was invented to make it possible for a foolish man to control wise men; a weak man, strong men; a child, old men; an ignorant man, knowledgeable men; and for a dwarf to control giants.
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Mokokoma Mokhonoana
The second most dangerous thing about money is that it leaves most of the people who have a lot of it with the unshakable belief that they are intelligent and well informed. The most dangerous thing about it is that it leaves most of the...
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Mokokoma Mokhonoana
Those at too great a distance may, I am well are, mistake ignorance for perspective.
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Carl Sagan
I would suggest that science is, at least in my part, informed worship.
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Carl Sagan
Starting over is opportunity informed by failure, which is opportunity made intelligent.
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Craig D. Lounsbrough
More Quotes By Alan Greenspan
Under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth... The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of...
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.
Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds. Then fear hits, and it comes down very sharply. When I started to look at that, I was sort of intellectually shocked....
Any informed borrower is simply less vulnerable to fraud and abuse.
