Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

Showing posts with label fiscal cliff. Show all posts
Showing posts with label fiscal cliff. Show all posts
29 November 2012

Hyperinflation and the Pernicious Myth of Modern Monetary Theory: Dollar Vigilantes

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"One might argue that when the government has to find a private sector buyer for its debt first, rather than selling the debt d...
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