Klockrena Coxe-citat

Coxe är ju bara för skön. Två helt klockrena utdrag från hans Basic Points:

"The era of paper money began long ago with the determination of most key issuers to keep their currencies strong—so as to resist demands for return to gold or silver as media of exchange. However, when almost no country other than Zimbabwe seems to want to strengthen its currency, the end of the era of paper money backed by nothing but paper promises may be at hand. When even Brazil, source of some of the most spectacular devaluations in world history, seeks to arrest its currency's rise, investors should start preparing for the time when inflation returns in earnest, and interest rates start on a market-driven drive toward real returns. For more than a century, currencies had been loved for their financially chaste virtue. Today, they are loved when being publicly deflowered."

Även Warren får sig en välplacerad känga, inklusive Krugman:

"Warren Buffett has of late become highly visible in backing various of Obama's pet concerns—most notably on income taxes. That he has become almost strident in ridiculing gold as an investment could be with some prompting from Democratic friends who see the soaring price of gold as an indictment of Washington and all its works—including the Fed. There is no gainsaying that gold is the 24 karat rejection of Big, Badly-Run Government—the political reality of our times. The Progressives would have us believe we can have most of what we want and charge most of it to future generations without creating inflation that would be particularly painful for the elderly. Paul Krugman, probably the highest-profile Progressive commentator, thinks that the current fiscal situation in which Washington gets 41 cents of each spending dollar through deficit financing is too restrictive: the deficits should be much larger. To read Krugman's columns, if you are not a far-Leftist, is to experience a growing affection for gold. Indeed, those TV gold pitchmen should consider hiring him to tell viewers what he thinks should be done for the economy to send them rushing to the phones to buy gold."

Dock tror jag detta tog hem priset för skönaste uttalande i ovan utdrag "To read Krugman's columns, if you are not a far-Leftist, is to experience a growing affection for gold".

:-D