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— Llewellyn Rockwell"Never forget that no government has wealth of its own to spend. The money has to come from taxation, monetary inflation, or debt expansion that must be paid later. And government's spending choices will always be uneconomic relative to how society would use that wealth. That is to say, the money will be wasted."
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The share price must be less than book value. Preferably it will be less than net working capital less long term debt.
— Peter Cundill
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The only frontier now left to exploit is not a frontier in space but a frontier in time. We steal the future from our children by plunging massively deeper and deeper into debt.
— Terence McKenna
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