Archive for September 28th, 2008
Democratic voters are stupid, evil, or ignorant
Sunday, September 28th, 2008Being a big-shot blagger is a stressful and demanding hobby. Similar to the evolution of rules, bylaws, punishments, and social mores in a customary-law society, our positions, assertions, and predictions are under constant judgment and scrutiny by the global community of readers and other blaggers, leading to the success of ...
Bailout-related question of the day
Sunday, September 28th, 2008Who said this, and in what year? First right answer wins you a free beer (if no one guesses the year, the closest one wins). No cheating! Public opinion is perfectly right to see the end of the boom and the crisis as a consequence of the policy of the banks. ...
Quote of the day
Sunday, September 28th, 2008"If a loose monetary policy and rapid asset price inflation were the route to economic prosperity, Argentina would be the richest country in the world by now." —Albert Edwards, Co-Head, Global Cross Asset Strategy Societe Generale From safehaven.com, via disinter.
Interest rates in market anarchism
Sunday, September 28th, 2008I was quite fascinated by this post by Corktageous. It contains some good rebuttals of the anarcho-socialist/mutualist philosophies. You can read it and make of it what you will, but my purpose in this post is to ponder a little bit about interest rates, a topic that was brought up ...