Friday, December 12, 2008

Economy

If a farmer produces one hundred times more food than he needs to feed his family, then we could call him greedy, alternatively we could just thank him for the food.
How about a banker that tries to generate profits for his bank? Is he being greedy, ambitious or is he just providing financial services to his community? Probably all of the above.
If it weren't for ambition ( aka greed) we'd all still be living in stone and mud huts.

The only thing worse for an economy than having banks that lend out money willy-nilly is having banks that won't.

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