In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

Well, you probably will always believe there should be laws against fraud, and I don't think there is any need for a law against fraud.

I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives. But material success is possible in this world and far more satisfying when it comes without exploiting others.

We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ] if we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.

The need for values is inbred. Their content is not.

We will have more crises and none of them will look like this because no two crises have anything in common except human nature.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.