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 imbalances. Show all posts
Showing posts with label imbalances. Show all posts
21 September 2009

Confessions of a 'Flationary Agnostic

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I have no particular allegiance to either the hyperinflation or the deflationary camps. Both outcomes are possible, but not yet probable. Ra...
25 February 2009

How the Economy Was Lost

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Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. "How long can the US government protect the do...
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