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Gains Quotes

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Gains Quotes

“Our assaults on the ecosystem are so powerful, so numerous, so finely interconnected, that although the damage they do is clear, it is very difficult to discover how it was done. By which weapon? In whose hand? Are we driving the ecosphere to destruction simply by our growing numbers? By our greedy accumulation of wealth? Or are the machines which we have built to gain this wealth-the magnificent technology that now feeds us out of neat packages, that clothes us in man-made fibers, that surrounds us with new chemical creations-at fault?”

“Since 2008 you've had the largest bond market rally in history, as the Federal Reserve flooded the economy with quantitative easing to drive down interest rates. Driving down the interest rates creates a boom in the stock market, and also the real estate market. The resulting capital gains not treated as income.”