QUOTES OF THE DAY

“We’ve surpassed the $400 billion mark… They call it ‘not QE’ because it’s maturities of 12 months or less. But as of now, we have a $100-billion-per-month run rate of ‘not QE.’”

Danielle DiMartino Booth

“Nations, like individuals, cannot become desperate gamblers with impunity. Punishment is sure to overtake them sooner or later.”

Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds

“But you can’t make people listen. They have to come round in their own time, wondering what happened and why the world blew up around them.”

Ray Bradbury, Fahrenheit 451

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