"The social system of private property and limited government is the only system that tends to debarbarize all those who have the innate capacity to acquire personal culture."
~Ludwig von Mises
Jan 13, 2008
Jim Paulsen on endless liquidity (2007)
This could be a prolonged cycle where the cost of capital is low [for] 10 or 20 years.
~ James W. Paulsen, chief investment strategist at Wells Capital Management, "It’s a Low, Low, Low, Low-Rate World," BusinessWeek, February 19, 2007 cover story
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