Post #456 by PucksFool on the Macroeconomic Trends and Risks board

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Carl Quintianilla posted a quote of Paul Volcker yesterday on the 5th anniversary of his death.

".. we’re developing into a plutocracy .. We’ve got an enormous number of enormously rich people that have convinced themselves that they’re rich because they’re smart and constructive. And they don’t like government, and they don’t like to pay taxes."

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