Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

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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