Printing up extra money - with no backing - used to be the sort of thing only counterfeiters did. Now it is done by the central bankers and Treasury Secretaries themselves. They don't apologize for it. They don't hang their heads and contemplate blowing their brains out. Instead, they're proud of it... announcing that they 'saved civilization,' or some such claptrap.

Central planning doesn't work. A little bit of it is a drag. A lot is fatal.

The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.

A man's wealth can...also be measured by what he doesn't have and doesn't want. When he wants little, he is a rich man.

That is the problem with age and wisdom—it merely shows you how helpless you are. The wiser you become, the more you learn to keep your mouth shut, until eventually the grave silences you forever.

No man bears more responsibility for the present worldwide financial crisis and coming depression than Alan Greenspan.

People are upset. They know something is wrong. But they don't know what. The real explanation is too complicated. They won't sit still for it. So, they look for scapegoats - the rich...the banks...the Chinese.