22 October 2022
“I would like to say to Milton [Friedman] and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.”
- Federal Reserve Governor Ben Bernanke, at the Conference to honour Milton Friedman, University of Chicago, 8th November, 2002.
15 October 2022
“Jonathan, let's think this through together. You know how the game serves us. It has a definite social purpose. Nations are bankrupt, gone. None of that tribal warfare any more. Even the corporate wars are a thing of the past. So now we have the majors and their executives. Transport, food, communication, housing, luxury, energy. A few of us making decisions on a global basis for the common good.”
- Bartholomew (John Houseman), ‘Rollerball’, dir. Norman Jewison, 1975.
8 October 2022
“[Ros] Altmann said pension funds had been encouraged to focus on government debt but had assumed that gilts were risk-free. “What has happened in the gilt markets in recent months has undermined that assumption.””
- The Financial Times, 30th September 2022.
Is it safe ?