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VPHM Message Board

  • jimzythecricket jimzythecricket Jan 16, 2012 4:56 PM Flag

    Words of wisdom!

    “Financial operations do not lend themselves to innovation. What is recurrently so described and celebrated is, without exception, a small variation on an established design . . . The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.”

    John Kenneth Galbraith, A Short History of Financial Euphoria "


    Well spoken indeed!!!