"Panics do not destroy capital; they merely reveal the extent
to which it has been previously destroyed by its betrayal into
hopelessly unproductive works."
by:
John Stuart Mill
(1806-1873) English philosopher and economist
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And it is destroyed by inflation...which means printing more and more worthless paper tickets. That's what a "bail out" is...
 -- J Carlton, Calgary     
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    And your money buys less and less and,hey, isn't that like a hidden tax. Why I believe it is.
     -- jim k, Austin, Tx     
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    Panics are usually the technique for squeezing the last juice out of the lemon -- then they bail out the very guys who make it happen, over and over and over...
     -- E Archer, NYC     
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