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In politics, manipulating reality can take presidence over finding reality.

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Finding Manipulation Politics Reality

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

I fancied myself as some kind of god or an economic reformer like Keynes.
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Studying economics is not a good preparation for dealing with it.
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If we care about universal principles such as freedom, democracy and the rule of law, we cannot leave them to the care of market forces; we must establish some other institutions to safeguard them.
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What works for Germany can’t work for the rest of Europe: No country can run a chronic surplus without others running deficits.
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The main obstacle to a stable and just world order is the United States.
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Once a trend is established it tends to persist and to run it’s full course.
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It is credit that matters, not money (in other words, monetarism is a false ideology).
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Revolutions usually start with enthusiasm and end in tears.
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My approach works not by making valid predictions but by allowing me to correct false ones.
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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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My sense of insecurity keeps me alert, always ready to correct my errors.
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The global crisis is caused by pathologies inherent in the global financial system itself.
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I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.
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The hardest thing to judge is what level of risk is safe.
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In politics, manipulating reality can take presidence over finding reality.
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Finding Manipulation Politics Reality
No individual anonymous participant can influence the prices and therefore you really can speculate in the market without paying attention to morality. That’s one of the positive features of markets. That’s why they function.
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