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Trust versus Guarantee

I met a retired gentleman from PA yesterday; he is a Denison alumnus -- go GLCA (Great Lakes Colleges Association).  He told me he had the whole Washington, ...Federal Reserve Bank, ...economy situation all figured out.

In his words, "...the problems all started when we exchanged trust for guarantees."

...hmmm...wonder which has (more) value?

Gotta love that generation!


1 comment (Add your own)

1. Clay Burnett wrote:
Nice post!

Mon, February 13, 2012 @ 9:19 AM

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