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Tag Archives: bill bonner
Coming Down from Cloud Cuckoo Land
In between the birth and death of capital there’s a wide-ranging succession. The lifecycle of capital generally follows that it is imagined, produced, consumed, and destroyed. How exactly this all takes place involves varying and infinite undulations. Continue reading
Posted in Economy, MN Gordon
Tagged bill bonner, schlitz beer, stroh brewery company, treasuries, wealth destruction
4 Comments
The Triumph of Madness
Rudolf von Havenstein had been president of the Reichsbank – the German central bank – since 1908. He knew the workings of central bank debt issuances better than anyone. He was good at it. Continue reading
Posted in Inflation, MN Gordon
Tagged bill bonner, collapse, dollar, german hyperinflation, rudolf von havenstein
15 Comments