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 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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