He is a smart businessman who has put himself into the billionaire club by clever thinking.

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Clearly, internet investing is going global and the West is losing its monopoly, not just in thinking up clever ideas for web businesses but in financing them.

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'Twas not the case at all, however, in a recent reprogramming effort at a Virginia ATM, where a clever individual somehow fooled the computer into thinking it was dispersing five-dollar bills while it actually shot out twenties.

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Steps like this online pass, if they work, should become widespread in the industry soon, and Gamestop is going to have to keep thinking of more and more clever ways to stay alive, like a dinosaur dodging meteorites at the eve of their extinction.

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If you subscribe to this line of thinking, which many now do, then you must conclude that the Fed is being clever, even responsible.

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