Bloom:

“One trouble with the human mind is that we have an ability to hold two conflicting thoughts in our minds at once and we also have an ability to lie to ourselves so that we can rationalise the simultaneous existence of these conflicting thoughts rather than modify our thought paradigms. We tend to want to not change our thought paradigms too easily. Such an act would force us to admit we were wrong, and that's tough on the ego.”

“…the problem is not 'fiat currency vs gold'. The problem is whether or not people choose to live within their means. The minute they start to live within their means, the velocity of money will slow and the economy will slow.”