Extreme Money: Masters of the Universe and the Cult of Risk

by Satjajit Das

"Walter Bagehot, the famed economic historian and founder of "The Economist", noted that people are most credulous when they are making money." 17

"The rule of extreme money is that everybody  borrows, everybody saves, everybody is supposed to get wealthier.  But only skilled insiders get richer, running and rigging the game." 18

"Mankind mistook money, a lubricant of society and the economy, for an end in itself.  It created a cult and worshiped the wrong deity, building every more elaborate edifices and liturgies dedicated to its worship.  It was a one way street. It is now too late to turn back." 19