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Philip Coggan
Born
The United Kingdom
Genre
More books by Philip Coggan…
“People like to speculate; even Sir Isaac Newton lost money in the South Sea Bubble. Without speculation, Britain would be a far less vibrant society. Fewer new businesses would be started and new products invented. Busts are a price worth paying, the creative destruction that allows an economy to start anew (Philip Coggan, 2009, page 193).”
― The Money Machine: How the City Works
― The Money Machine: How the City Works
“As these debts become due, rich creditors will be pitted against poor debtors; private-sector taxpayers against public-sector workers, young workers against the retired, domestic voters against foreign bondholders. It is impossible to forecast who will win each of these battles but one thing seems certain: not all these debts will be paid in full.”
― Paper Promises: Debt, Money, and the New World Order
― Paper Promises: Debt, Money, and the New World Order
Topics Mentioning This Author
| topics | posts | views | last activity | |
|---|---|---|---|---|
| Libri dal mondo: Libri ambientati in Cambogia | 8 | 52 | Apr 12, 2019 02:32AM |
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