The U. S. Treasury has got borrowing costs like nobody else has. They can borrow basically unlimited amounts. … - Howard Warren Buffett

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Commerce, trade and exchange make other people more valuable alive than dead, and mean that people try to anticipate what the other guy needs and wants. It engages the mechanisms of reciprocal altruism, as the evolutionary biologists call it, as opposed to raw dominance.

Howard Warren Buffett

The U. S. Treasury has got borrowing costs like nobody else has. They can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time.

Assets, Borrow, Cost, Nobody, Unlimited, Years

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When the Federal government buys the mortgages, they're not spending it, they're investing it.

Federal, Government, Investing, Mortgage, Spending

I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp. That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing.

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Any time I can be of help to the government in terms of giving advice -I've given a little advice, actually.

Actually, Advice, Giving, Government, Terms, Time

You can go back to tulip bulbs in Holland 400 years ago. The human beings going through combinations of fear and greed and all of that sort of thing, their behavior can lead to bubbles. And it may have had and Internet bubble at one time, you've had a farm bubble, farmland bubble in the Midwest which resulted in all kinds of tragedy in the early '80s.

Behavior, Greed, Sort, Tragedy, Years

The good thing is, we have household formation in this country. We have a country where I don't know whether it's a million households a year or more, but good form.

Country, Good Things, Know, Thing, Years