Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
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I used to work in the cotton fields a lot when I was young. There were a lot of African Americans working out there. A lot of Mexicans - the blacks and the whites and the Mexicans, all out there singing, and it was like an opera in the cotton fields, and I can still hear it in the music that I write and play today.
Work, Music, Today12
