[Part 3] 4-29-09 Wall Street Unspun Peter Schiff

[Foolsaeon]

People need to recognize that there is a difference between intellect and maturity. Being smart does not mean you have matured from one state of development to another. Therefore, it is not a matter of intellect to understand the concept of Austrian economics but rather a matter of maturity. Only a person who is ripe for the view will be able to see.

[megenoita]

It's not maturity either. It's wisdom. Knowledge is not wisdom. Intelligence doesn't lead to truth.

[Foolsaeon]

Matutrity is that what metamorphes man from one to another state. Like a person has to go through puberty to move from the childhood state to an adult (grownup) state, the same happens internally. An adult is a person who is ready to see what life has to offer by being willing to take full responsibility for his actions. Unfortunately we live in a child-like society where the government takes on the role of the parent. Only the process of maturity can make someone ripe to accept truth.