Jesse's Café Américain

"Some people see God as they see a cow, and love Him as they love a cow — for the milk and cheese, and the profit it brings. This is how it is with people who love God for the sake of worldly possessions or inward comfort. They do not truly love God when they love Him for their own advantage. The eye through which I see God is the same eye through which God sees me; my eye and God's eye are one eye — one seeing, one knowing, one love.”
Meister Eckhart, Predigten und Traktate

Showing posts with label Velocity of Money. Show all posts
Showing posts with label Velocity of Money. Show all posts
25 June 2009

Jesse's Question for the Day

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The expansion of credit in a fractional reserve banking system seems to be geometric. The spending in the wage - price function, as captured...
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