Friday, February 11, 2011

http://www.businessinsider.com/emerging-market-inflation-compared-to-historical-cycles-2011-2


"A bureaucrat is the most despicable of men, though he is needed as vul tures are needed, but one hardly admires vultures whom bureaucrats so strangely resemble. I have yet to meet a bureaucrat who was not petty, dull, almost witless, crafty or stupid, an oppressor or a thief, a holder of little authority in which he delights, as a boy delights in possessing a vicious dog. Who can trust such creatures?"

--Cicero

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