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Jesse's Café Américain


"Repentance and forgiveness are the two great gifts of God. But there is the third and greatest gift of all, which is thankfulness. For with thankfulness our sinful pride is vanquished, our hearts are opened, and love enters — and a light comes into our life."
Jesse, Love and Thankfulness, 15 November 2018

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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LE CAFÉ AMÉRICAIN

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Let us pray for those whose hearts are hardened against His grace and loving kindness by greed, fear, and pride, and the seductive illusion and crushing isolation of evil.

We pray that we all may experience the three great gifts of our Lord's suffering and triumph: repentance, forgiveness, and thankfulness. And in so doing, may we obtain abundant life, and with it the peace that surpasses all understanding.

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Need Little - Want Less - Love More

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.