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 cycles. Show all posts
Showing posts with label cycles. Show all posts
22 January 2016

Saving the Banks and Fabulously Enriching a Few On the Back of the Real Economy

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"Give a small number of people the power to enrich themselves beyond everyone's wildest dreams, a philosophical rationale to exp...
17 May 2013

Paper Gold, Metal Gold - When Worlds Diverge

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"Price discovery is not a sexy function of markets, but it is critical to the efficient allocation of scarce capital and resources,...
29 November 2009

The 38 Year Cycle in US Monetary History

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I am not a big believer in comprehensive cycle theory. The weakness of cycles is the same as all systems that seek to impose an external o...
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