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Jesse's Café Américain

"Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies."
John 8:43-44

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

LE CAFÉ AMÉRICAIN

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Our Daily Prayer

Let us pray for those whose hearts have grown cold, and become hardened against His grace by greed, fear, and the seductive illusions of pride.

We ask to receive the three great gifts of our Lord's suffering and triumph: repentance, forgiveness, and thankfulness—so that we may obtain abundant life, and 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.