Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

Showing posts with label Weimar. Show all posts
Showing posts with label Weimar. Show all posts
22 June 2009

Some Common Fallacies About Inflation and Deflation: the Weimar Nightmare in Review

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There are several fallacies making the rounds of the economic community, often put forward by pundits on the infomercials for corporate Amer...
03 April 2009

Pictures From a Monetary Bubble

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Credit bubbles are very much like pyramid, or Ponzi, schemes. The middle class is particularly hard hit as they exchange their remaining rea...
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