Jesse's Café Américain

"You have accepted things you would not have accepted five years ago, a year ago, things that your father, even in Germany, could not have imagined. Suddenly it all comes to be, all at once. You see what you are, what you have done, or more accurately what you haven’t done. For that was all that was required of most of us: that we do nothing. You remember everything now, and your heart breaks. Too late. You are compromised beyond repair."
Milton Mayer, They Thought They Were Free

Showing posts with label Modern Economics. Show all posts
Showing posts with label Modern Economics. Show all posts
15 September 2018

The Continuing Endgame For Bretton Woods II and the Role of Gold

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“Under this system [Bretton Woods II and the petrodollar], the U.S. is running massive current account deficits to be the source of expor...
16 February 2015

Modern Economics: Austerity

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"In Greek mythology Sisyphus (Greek: Σίσυφος) was the king of Ephyra. He was punished by the gods for...
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