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As Adam Smith said in "The Wealth of Nations": “People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a
by giardini 8y ago
As Adam Smith said in "The Wealth of Nations":
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”
This description fits Goldman Sachs to a "T". And I think they would probably like the description, given its origin.
So, to be clear, Goldman Sachs are capitalists.
- conanbatt 8y agoOne of my favorite quotes. To think someone wrote something so specific and valid for centuries.