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"A bunch of fucking bond traders!"
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Originally posted by sebastian_dangerfield
You realize that's pathetic, and that such a mindset being embraced by our broader society pretty much answers the question "How did we come to where we are?"
Wihtout embrace of risk, there's nothing but a future of dominishing retruns. The wealth disparity in this coun try derives as much from risk aversion as it does tax policy or any of the other bogeymen offered up by the Left on the issue.
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I don't understand how an advocate of free markets can turn around and say that people who want to buy insurance are pathetic. They're just maximizing their own utility.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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