Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label Hyman Minsky. Show all posts
Showing posts with label Hyman Minsky. Show all posts
18 July 2023

Stocks and Precious Metals Charts - Ship of Fools - Lingering at Another Minsky Moment

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  “The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least to neglect, persons of poor an...
17 January 2019

Stocks and Precious Metals Charts - Who Could See It Coming? - Dead Reckoning the Minsky Moment

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"In particular, over a protracted period of good times, capitalist economies tend to move from a financial structure dominated by ...
16 April 2016

Caught in the Aftermath of a Minsky Moment by a Credibility Trap

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"I think this is where the academics are kind of clashing with the practitioners. I think on paper negative rates make a lot of sen...
23 March 2008

Which Way Out of the Minsky Moment?

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If we are indeed in a Minsky Moment, which we think we are, then monetary inflation by the Fed and government invervention without reform w...
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