[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.
Hope sustains life, but misplaced hope prolongs recessions. - James Grant
Hope sustains life, but misplaced hope prolongs recessions.
- James Grant
Progress is cumulative in science and engineering, but cyclical in finance. - James Grant
Progress is cumulative in science and engineering, but cyclical in finance.
In general, markets know more than the people who write about them. - James Grant
In general, markets know more than the people who write about them.
[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich. - James Grant
Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if … - James Grant
Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if …
The 1980s are to debt what the 1960s were to sex. The 1960s left a hangover. So will the 1980s. - James Grant
The 1980s are to debt what the 1960s were to sex. The 1960s left a hangover. So will the 1980s.
The Fed can change how things look, not how things are - James Grant
The Fed can change how things look, not how things are
Successful investing is about having people agree with you ... later. - James Grant
Successful investing is about having people agree with you ... later.
To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by 'n.' And 'n', I'm glad you ask, 'n' is t… - James Grant
To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by 'n.' And 'n', I'm glad you ask, 'n' is t…
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