Jesse's Café Américain

"Senators disturb us by reminding us of the possibility of large numbers swarming from China; but the answer to all this is obvious and very simple. If the Chinese come here, they will come for citizenship or merely for labor. If they come for citizenship, then in this desire do they give a pledge of loyalty to our institutions; and where is the peril in such vows? They are peaceful and industrious; how can their citizenship be the occasion of solicitude?"
Senator Charles Sumner, 1870

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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