“If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.”

“When I was little, we lived on 8 acres and my mom had a horse. But when I was 7, my mom kicked my dad out, and then in order to feed us five kids, she got critters cheap or for free and raised them for food. We milked a cow, raised chickens, pigs and beef cattle. We heated our one-story house with w”