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People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward.

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As long as we issue fiat currency, I see no alternative to a legal tender law.
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This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.
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I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.
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They seem to sense… that gold and economic freedom are inseparable.
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So there is no reason to suspect that the actual process of boosting rates would be any different.
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Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.
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Gold still represents the ultimate form of payment in the world.
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I didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit.
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Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.
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The tub helps me relax, and it’s a great place to read.
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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.
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Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices.
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We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.
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The process of innovation is, of course, never ending.
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Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.
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