Jesse's Café Américain

"You have accepted things you would not have accepted five years ago, a year ago, things that your father, even in Germany, could not have imagined. Suddenly it all comes to be, all at once. You see what you are, what you have done, or more accurately what you haven’t done. For that was all that was required of most of us: that we do nothing. You remember everything now, and your heart breaks. Too late. You are compromised beyond repair."
Milton Mayer, They Thought They Were Free

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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