Clarence Clemons Quotes
Money is a hazard.
Clemons, Clarence, and Don Reo. Big Man: Real Life & Tall Tales. Grand Central Publishing, 2009.
This is another example of Jefferson’s bias against economic sectors other than agriculture and husbandry. There is a small American population that sees business, trade, financing, as less desirable an morally suspicious enterprises.
The military had made a mess of the Argentine economy and inflation was rampant. Some Argentines turned their Argentine pesos into dollars betting that the Argentine economic situation would get worse, This run from the peso would make it worse. If Argentina stabilized the peso, speculators in dollars would lose money. The Minister trying to discourage a run from the peso, warned Argentinians against the dollar investment. A days later the dollar went up over 30%. Those who had listened to the minister lost much of their money, He was soon forced to resign by the military dictators who controlled the government.
Clarence Anicholas Clemons Jr., also known as The Big Man, was an American musician and actor. From 1972 until his death in 2011, he was the saxophonist for Bruce Springsteen's E Street Band.