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 Interest Rates. Show all posts
Showing posts with label Interest Rates. Show all posts
27 July 2022

Chances of a Recession Later This Year or Early Next Year

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  Does it look like we get a recession later this year or early next year? Only if you look at the Treasury inversion and economic result...
03 September 2019

Rates, Recessions, Rentiers, Oh My!

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"The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.  Perhaps th...
28 January 2009

The Fed Statement

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Good News! The Fed stands ready to buy Treasuries, but not yet so don't worry about monetization. Will they or won't they? Oh by the...
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