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15 hours agoOne of the wrong presumptions, on which all theories of interest and capital lending are based, is the treatment of money as a commodity.
22 hours agoClearly I’ve got too much free time on my hands – as I was browsing through the web, I found these images. This is really Photoshop at its best!
5 days agoTotal Fed Credit went down by $9.6 billion last week, which is, in comparison to their wild excesses of late, not that much, and certainly
19 days agoI was really ready for a laugh when I read the Bloomberg article, “Derivatives Industry Gets Second Look From Congress.” To start off the
28 days agoHugo Bouleau’s (pseudonym of the author) book was for me, perhaps the most riveting reading of 2008. I like to underline important sentences
33 days agoI keep marveling at the Financial Times article talking about Angela Merkel, the German chancellor, breaking tradition and ridiculing central
35 days agoI look out of the periscope of the Mogambo Bunker Of Security (MBOS), and when I see my neighbor crying, and I remember that the new estimate
36 days agoThis week’s prestigious Mogambo Award For The Best Sardonic Laugh (MAFTBSL) was provided by Nicoles Michas of the Sparks Report, who suggested
37 days agoOil has, finally, started to rise again, having been down below the breakeven point of pumping it, as they, too, have all kinds of rising
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