All taxes are a drag on economic growth. It's only a question of degree.

When trust is lost, a nation's ability to transact business is palpably undermined.

You can't have the capitalist system if an increasing number of people think it is unjust.

Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.

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.

If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.

I'm a plain soap kind of guy.