What worries me is that the guy who couldn't see the potential of the Internet is the same guy who thinks that five years of quantitative easing is "temporary" and that printing trillions of dollars of funny money is just "fine".

> The practical misconception here — and it’s a big one — is the notion that we live in an era of wildly irresponsible money printing, with runaway inflation just around the corner. It’s true that the Federal Reserve and other central banks have greatly expanded their balance sheets — but they’ve done that explicitly as a temporary measure in response to economic crisis... We have huge economic problems, but green pieces of paper are doing fine — and we should let them alone.