“I suppose we could get ride of one or two of the tea ladies” — Humphrey Appleby. All reform that assumes initial leadership continuity ends with a few tea ladies being laid off.
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If you let the current elites print money to get us out of trouble, they’ll first use it to get themselves out of trouble. Last few people who get left out of brrrreform efforts are the only ones who’ll have to change their behaviors. Free money is permission to not change.
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