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- November report "Is it True, as David Hume (1711 – 1776) postulated that, "Nothing is esteemed a more certain sign of the flourishing conditions of any nation than the lowness of interest"?" published. https://bit.ly/2y4LJZQ
- Law of demand and panic buying
- Just this week New York Federal Reserve President William Dudley noted that the Federal Reserve was considering its own digital currency. http://bit.ly/2B1OzTi
- Included in the box of my father's effects that the Federal Prison System sent me were over a hundred letters belonging to another inmate!
- #JanetYellen is still pretending the Fed will eventually allow its balance sheet to shrink. It won't shrink, it will explode to new highs!
- If my sun screen is really that dangerous why did the TSA allow me to carry it on my last flight?
- As RT pointes out, buying gold makes a country less vulnerable to geopolitics. That's why Russia has increased its gold reserves by almost 75%. http://bit.ly/2kmtCLG
- Make Your Job Amazing: Advice for the Young and Employed | Jeffrey Tucker
- With a trade war on the horizon, China, Japan, and others could even go a step further and start dumping US debt on the market. That means bond prices will tank even faster and yields will increase. That's bad news! http://bit.ly/2Hepdkk
- ABC must know how bad the economy really is as during the GOP #debate not a single question was asked about the fiction Obama is peddling!
Saturday, February 6, 2016
Mises Thought Capitalism Would End at Some Point?
I just finished David Graeber's book, "Debt." It doesn't align 100% with my market views, but is full of anarchist brain-candy. Anyway, Graeber claims von Mises was among those believing capitalism is temporary. Google proved useless to verify this assertion: "Almost none of the great theorists of capitalism, from anywhere on the political spectrum, from Marx to Weber, to Schumpeter, to von Mises, felt that capitalism was likely to be around for more than another generation or two at the most." - Graeber Anybody know where Mises said this?