I don't know who's buying 30-year fixed-rate debt. I don't understand TIPS, which are projecting 30 years of benign inflation. I mean, this is the Tooth Fairy coming back in spades.
~Sam Zell, chairman, Equity Investments, CNBC, March 3, 2011
"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