The World Needs Banking But It Does

Contrary To Piketty’s Rentier Hypothesis, I Don’t See Anyone On The [forbes 400 List Of The Wealthiest Americans] Whose Ancestors Bought A Great Parcel Of Land In 1780 And Have Been Accumulating Family Wealth By Collecting Rents Ever Since. In America, That Old Money Is Long Gone - Through Instability, Inflation, Taxes, Philanthropy, And Spending.

We Are Seeing Pioneers Moving Out To The Internet, Banks That Are Taking Transactions, Retail Shopping On The Internet, And Although It's Going To Take Most Of A Decade Before Most Adults Are Turning To The Internet For A High Percentage Of Their Act

Success Is A Miserable Teacher. It Tempts Intelligent People To Believe They Cannot Lose. And It Is An Unreliable Guide To The Future.

We Always Overestimate The Change That Will Occur In The Next Two Years And Underestimate The Change That Will Occur In The Next Ten. Don't Let Yourself Be Lulled Into Inaction.

People Want To Watch Whatever Video They Want To Watch Whenever They Want To Watch. If You Provision Your Internet Infrastructure Adequately, You Can Do That.