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— Ludwig von Mises"Public opinion always wants easy money, that is, low interest rates."
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You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes.
— Bernard Madoff
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Managers will work for a salary. Entrepreneurs create new businesses. Many people have capital, but instead of making money for business they build houses for rent. It's easy money to collect rental.
— John Gokongwei
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