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— Lawrence Reed"Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past."
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Shortly before my arrest, my girlfriend at the time, who's now my wife of ten years, told me she was quitting drugs and going to church. I went with her once but that was it. After the arrest, I didn't know what I was going to do. She told me to trust in God but I mean, I was looking at ten years and was like, "God? I'm not dying, I need a lawyer. I need bail."
— Christian Hosoi
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But in the financial markets, without proper institutional rules, there's the law of the jungle - because there's greed! There's nothing wrong with greed, per se. It's not that people are more greedy now than they were 20 years ago. But greed has to be tempered, first, by fear of losses. So if you bail people out, there's less fear. And second, b prudential regulation and supervision to avoid certain excesses.
— Nouriel Roubini
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