Maurice Allais Quotes

It is understandable that the Fed injects cash to avoid the collapse of the stock market, but basically it is bad policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their role.

Maurice Allais

Recitation: by Male by Female

Author Biography

  • Author Profession: economist
  • Nationality: french
  • Birth: May 31, 1911 - October 9, 2010

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