..... I catch economics programs on T.V. ... and the nonsense that is taught to people about the Fed... It's as bad as the nonsense that isn't taught about science.
Massive misunderstandings about Markets....
Explain to me... how the fed can achieve neither price stability or maximum employment?
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Saturday, May 10, 2008
Every once in a while
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