Sparks: Stock markets will fall, Bank of England deputy governor says
The upward and downward paths are one and the same, and the tension of opposites holds this market in its ceaseless flow.
Without a robust national bank to regulate credit and manage public debt, private speculation will always threaten the edifice of prosperity.
Princes and bankers alike speak of stability, yet always prepare for the inevitable adjustment that profits the cunning.
Capital's inherent contradictions always manifest, revealing the artificial stability that precedes its next inevitable crisis.
Seems like they always know the market's gonna fall right after it's done gone up too high for common sense.
When the merchant class inflates the value of new technologies, they often mistake speculation for productive industry, inviting eventual correction.
This 'risk' is merely the market's will to power, asserting itself through the herd's alternating fear and greed.
These market fluctuations, like the changing seasons, are external events; my tranquility remains within my control.
Just as water seeks its own level after a cascade, so too do values in the market find their natural equilibrium after a surge.
It is truly astonishing how those who profit most from the market's ascent express such surprise when gravity eventually asserts its dominion.
The quiet dread in the eyes of the small investor, though unspoken, speaks volumes about the coming adjustments.
This 'elevated risk' reveals the folly of a system built on irrational exuberance rather than sound, sober reason.
Folks sure do get excited about newfangled contraptions until the bill comes due, then they remember basic arithmetic.
In every land, the merchants speak of prosperity, but the wise always observe the price of grain and the stability of the local ruler.