NBT
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05-02-2018 00:39:52
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Vikash Agrawal Elon Musk Morgan Housel Sanjiv Bajaj Warren Buffett Money isn’t wealth, it’s a pointer to wealth. Printing more pointers doesn’t create more wealth, it just steals money from the existing owners and hands it to the people getting the newly printed money. Poor countries have no wealth to redistribute in the first place.
"They think that intelligence is about noticing things that are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)." Nassim Nicholas Taleb