Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label buiter. Show all posts
Showing posts with label buiter. Show all posts
01 December 2014

NAV Premiums of Certain Precious Metal Trusts and Funds - Bloomberg TV Blows It Big Time

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Sometimes you just have to chuckle.  I had been out all...
16 November 2009

Buiter Still Obsessing Fitfully on Gold: What Time is the Next Currency Crisis?

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Mr. Buiter, advisor to central banks and to Goldman Sachs , is at it again, comparing gold to Yap Island stone money, ranting against those...
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