"He was not a looney. He was the sanest man I ever knew in my life."
--Ted Spindler
Have to crack up when I watch vids like this. As Jim Grant makes comments, caption underneath reads things like:
"Grant: Fed's policy is about manipulation of interest rates."
"Grant: Fed suppressing price mechanism."
As if the truth of these statements is somehow contestable. Would be like me saying:
"Ford: Gravity suppresses man's ability to fly."
"Ford: People die when they get old."
Reason and empirical truths can only be seen as novel when people are not engaging their brains and thinking for themselves.
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Those with the power to shift hundreds of billions of dollars out of the pockets of savers should have to stand for election.
~Ira Stoll
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