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Jesse's Café Américain

"Day by day the money-masters of America draw together, they grow more class-conscious, more aggressive. Political corruption was the buying up of legislatures and assemblies to keep them from doing the people's will and protecting the people's interests; it was the exploiter entrenching himself in power, it was financial autocracy undermining and destroying political democracy. By the blindness and greed of ruling classes the people have been plunged into infinite misery." Upton Sinclair

18 November 2013

John Law and the Mississippi Bubble




John Law and the Mississippi Bubble by Richard Condie, National Film Board of Canada

Posted by Jesse at 2:03 PM
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Category: fiat currency, modern monetary theory, speculative bubble
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These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy I never provide individual investment advice to anyone. My comments are intended to be reflection on general macro financial and economic events and trends.