by Runaway Slave | Jul 29, 2009 | Deflation, Economics, Essays & Articles, Freemarket, Libertarian Curmudgeon
This morning, my wife Sally and I received some kind words from Key West blogger Rock Trueblood about our past in Key West real estate. Having people praise Sally as knowledgeable and honest is always appreciated, but nothing new. A reference to me, however, as...
by Runaway Slave | Jul 4, 2009 | Economics, Essays & Articles, Government, Health, Libertarian Curmudgeon
You would think that the destruction of capitalism would be enough to keep our new president busy for at least a year or two. Nationalizing the banking, finance, insurance, and automobile industries is a pretty big bite to chew. But as they say in the ads, there’s...
by Runaway Slave | May 6, 2009 | Economics, Essays & Articles, Government, Libertarian Curmudgeon
“Rule one: Never allow a crisis to go to waste. They are opportunities to do big things.” –Rahm Emanuel, Obama White House Chief of Staff Lately, some friends have helpfully passed along information about how to protect myself against swine flu....
by Runaway Slave | May 4, 2009 | Economics, Libertarian Curmudgeon
I came across this video course the other day. I don’t remember exactly where. I’ve spent some time watching it. I recommend it highly. A nice “unified theory” approach to what’s happening in the world now, and why the next 20 years are...
by Runaway Slave | Apr 16, 2009 | Deflation, Economics, Essays & Articles, Libertarian Curmudgeon
You can hardly pick up a paper or listen to a newscast without hearing how inflationary Uncle Sam’s bailout efforts are. “Money out of thin air” is a phrase never so popular as it is these days. And, indeed, every bit of the money going to bail out the...
by Runaway Slave | Mar 14, 2009 | Economics, Essays & Articles, Inflation, Libertarian Curmudgeon
"Give me control of a nation's money and I care not who makes the laws."— Mayer Amschel Rothschild (1744 -1812) Yesterday I listened to Ben Bernanke, current man behind the curtain at the Federal Reserve, suggest with a straight face that the key...
by Runaway Slave | Dec 17, 2008 | Economics, Essays & Articles, Libertarian Curmudgeon
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total...
by Runaway Slave | Nov 29, 2008 | Economics, Libertarian Curmudgeon
“…. This was what they had been waiting for: total collapse. “The investment-banking industry is fucked,” Eisman had told me a few weeks earlier. “These guys are only beginning to understand how fucked they are. It’s like being a Scholastic, prior to...
