Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label liquidationism. Show all posts
Showing posts with label liquidationism. Show all posts
05 July 2010

Where We Are Today: Interest Rates 'Too High,' Double Dip on Deck, the Failure of Economics

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David Rosenberg of Gluskin Sheff is a daily read of mine. His most recent breakfast message does a remarkably concise job of summarizing the...
22 March 2010

The Monetary Base During the Great Depression and Today

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Economic commentator Marty Weiss has put out this chart with the somewhat florid headline, Bernanke Running Amuck "Fed Chairman Bernank...
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