The Strength Of This Country Lies In

When Money Is Free, The Rational Lender Will Keep On Lending Until There Is No One Else To Lend To.

When Interest Rates Are Low We Have Conditions For Asset Bubbles To Develop, And They Are Developing At The Moment. The Ultimate Asset Bubble Is Gold.

Every Bubble Has Two Components: Something - Some Real Trend, And A Misconception About That Trend.

The Concept Of A General Equilibrium Has No Relevance To The Real World (in Other Words, Classical Economics Is An Exercise In Futility).

It Is Much Easier To Put Existing Resources To Better Use, Than To Develop Resources Where They Do Not Exist.