Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.

Being an entrepreneur is an existential, not just a financial thing.

In the United States large corporations control some members of Congress. All this does is delay the corporation’s funeral at our expense.

It was obvious that their profits were simply cash borrowed from destiny with some random payback time.

There is a certain category of fool-the overeducated, the academic, the journalist, the newspaper reader, the mechanistic scientist, the pseudo-empiricist, those endowed with what I call epistemic arrogance, this wonderful ability to discount what they did not see, the unobserved.

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.