Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

Showing posts with label monetarism. Show all posts
Showing posts with label monetarism. Show all posts
14 May 2013

Greenspan: Role Of Central Bankers Is to Try to Replicate the Stability of the Gold Standard

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Greenspan said on any number of occasions that his model was that a 'fiat currency' works when it emulates the rigor of the gold...
06 March 2013

Fiat Monetary Theory: The Gamblers

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'The Gamblers' "The historical behavior of interest rates and growth rates in U.S. data suggests that the government ...
13 May 2010

Why There is Fear and Resentment of Gold's Ability to Reveal the True Value of Financial Assets

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There were a few questions raised about the note on the long term chart of the SP 500 deflated by gold which was posted last night, and whi...
07 November 2009

Krugman Declares "Mission Accomplished," Maginot Line Completed

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The triumph of financial engineering based on an analysis of the past. Conscience of a Liberal The story so far, in one picture By Paul Krug...
09 June 2009

Price, Demand, and Money Supply as They Relate to Inflation and Deflation

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There are three basic inputs to the market price of something: 1. Level of Aggregate Supply 2. Level of Aggregate Demand 3. Relative Value (...
15 May 2009

The Decline of Monetarism: Our Next Financial Crisis

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"Throughout the world financial interests have taken control of government and used neoliberal policies to promote their own gain-seeki...
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