For many years, we here at The Privateer (and many others) have been explaining the mechanism by which the production of real wealth has progressively been taken over by the production of “purchasing power”. The onset of the GFC [global financial crisis] exposed these mechanisms to public scrutiny to an extent not seen since the [...]
Inflation, deflation, disinflation, hyperinflation… I don’t have anything to comment on, other than to say, $#@!%. http://gonzalolira.blogspot.com/2010/08/how-hyperinflation-will-happen.html http://gonzalolira.blogspot.com/2010/08/hyperinflation-part-ii-what-it-will.html http://twitter.com/JamesGRickards/statuses/22005923904 http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/8/2_Jim_Rickards_files/Jim%20Rickards%208%3A2%3A2010.mp3 http://globaleconomicanalysis.blogspot.com/2010/07/are-we-trending-towards-deflation-or-in.html
To quote Henry Miller, what makes money make money? It’s not precision, although calculation is certainly involved. Aside from Grant’s zinger at the end — note the interviewer’s shocked expression — I’ll turn back to football (soccer), you know, that game in which you play the ball with your feet, and show the best goal [...]
I have a mind, an ADD one at that, to mimic Jackie Harvey’s style. Much easier than discursion. Aye, it is difficult to concentrate with the World Cup in swing now. Perhaps this will be less disjointed than my previous entry, but perhaps not. That said, as always there are interesting developments afoot on the [...]
Yes, for nothing left to lose. Funny how things work in pairs. Hollywood likes a pairing. Think of Mission To Mars and Red Planet; Leviathan and The Abyss; Armageddon and Deep Impact; Democrat and Republican… On that note, the best political movie I can think of at the moment is The Candidate. “Best” being superlatively [...]
Bless the intertubes. I hope to write a longer post on similar themes this weekend, in memory of memory.
Not my phrase, but it made me chuckle, cynic that I am. Some might say in point of fact that it’s no hyperbole at all. I don’t know enough about the economic and political arenas discussed to say yea or nay, but here’s an interview with the author, Mike Krieger (timestamp 13m16s):
Gerald Celente talks in the clip below of lighting a candle locally made, which calls to my mind three things: 1. Can one light a nonlocal candle? 2. More seriously, Bastiat’s Candlestick makers’ petition, though itself a fun parody, and, 3. More seriously yet, that which other quarters have been talking about for quite a [...]
In my last Goodreads micro-review, I stated that “there’s a lengthy excerpt which pertains to literature which I should type in here, but I may save that for a blog entry.” I’ll go for half here and cite the better paragraph, truncated at that: In dealing with the [classical] liberal social philosophy there is a [...]
And by that I don’t mean the passage of health care legislation (I refuse to call any change “reform” since it is an abuse of the word, whatever the “reform” is, left or right). For that I mean to wax about dovetails, since this blog is purportedly about writing, reading, thoughts in between. And he [...]