Ups and Downs

IMG Auteur
Published : August 22nd, 2019
155 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : GoldWire

"The missing step in the standard Keynesian theory [is] the explicit consideration of capitalist finance within a cyclical and speculative context.  As recovery approaches full employment...soothsayers will proclaim that the business cycle has been banished [and] debts can be taken on.  But in truth neither the boom, nor the debt deflation...and certainly not a recovery can go on forever.  Each state nurtures forces that lead to its own destruction."

Hyman Minsky


"Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity."

William Butler Yeats

Today was a road trip day. Bakery store, specialty shops, and a large Japanese supermarket on the Hudson (Mitsuwa).

I did not even know that the NJ crumb bun was a thing.

It's good to be home.

Have a pleasant evening.


<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS