16 June 2014

Robert Johnson: How We Broke the Bank of England

This is a continuation of the Robert Johnson interview which had been posted here.

As you know, Robert Johnson is one of my favorite economic voices. He brings both theory and practical knowledge to bear on our current problems.

And he is a mature and intelligent trader who is able to speak with depth on broader social issues, which is far too often a rarity.

Great money does not ordinarily confer great wisdom and virtue on its possessors, alas, and far too often it does the contrary. This is a principle of human nature which has been recognized from at least the time that our Lord walked the earth, if not much further before that. 'It is easier for a camel to pass through the eye of a needle...'

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