true beacon for the world. That's the idea. Now, maybe that idea was never practiced because, of course, we had McCarthyism in the 1950s, but it's all a question of percentages. There's always excess, there's always BS, there's always stuff. Is it 10%? Is it 20% or is it 90%? Where is the prevailing side? Is it the way things are? Is it the way things are with some people, in some cases? So when it goes from a little bit to MO, Maudisaparanda, it becomes a different animal. And that's where I think there's a concept of bezel that John Keynard Galbraith has. Bezel basically is graft in the economy. It's a little more complicated than that, and we can talk about it. So his point was in defining that term, was to say that during times when money is easy in credit bubbles, there's tons of bezel. There's tons of graft because money is easy, people are trusting, everybody's making money. And when things go down, all of that gets wrung out. And then at the bottom of depression, there's very (57/96)
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