Cartago Delenda Est

Civilization, in every generation, must be defended from barbarians. The barbarians outside the gate, the barbarians inside the gate, and the barbarian in the mirror...

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Name: Matteo
Location: Palo Alto, California, United States

Former commie and angry hedonist, now a conservative Catholic Republican. After Scientific Materialism, Deism, and Buddhism, I stumbled across the 2,000-year-old Big Kahuna, the Roman Catholic Church. A couple of years before I became Catholic, exposure to the real world had replaced my Berkeley-induced leftism with a sort of sneering "I'm above it all" irony. After becoming Catholic in 1996, I turned conservative, and also became a much nicer guy. Eternal Optimism had won out over Radical Bitterness. Politics, current events, religion, and aviation, that's what's on the blog.

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Tuesday, June 16, 2009

A Policy Of High Inflation Would Be Suicidal To The Plutocrats In Charge, So Why Expect It?


Food for thought from Charles Hugh Smith.

posted by Matteo | 2:08 PM

2 Comments:

Blogger Ilíon said...

Thanks for the link. I'm still reading it; but, it seems to me that the weak spot of the analysis is the assumption that "the movers and shakers" do what they do for rational reasons.

5:07 PM  
Blogger Matteo said...

Oh, sure, I agree, these geniuses don't really think ahead much, but I think one of the points of the article is that they *do* feel pain and *do* know how to pull the right levers for relief.

5:42 PM  

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