Jesse's Café Américain

"The wealth of another region excites their greed; and if it is weak, their lust for power as well. Nothing from the rising to the setting of the sun is enough for them. Among all others only they are compelled to attack the poor as well as the rich. Plunder, rape, and murder they falsely call empire; and where they make a desert, they call it peace."
Tacitus, Agricola

Showing posts with label printing press. Show all posts
Showing posts with label printing press. Show all posts
02 July 2012

John C. Williams: The Federal Reserve's Brand of Modern Monetary Theory

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I will comment more on this later but I thought it was interesting and probably quite important for future reference. One point of con...
10 May 2010

ECB to Buy Bonds In Secondary Market to 'Address Severe Tensions In Certain Market Segments'

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The limit to the ability of a central bank to create money is the acceptability of the underlying bonds and currency. When a central bank tu...
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