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Only Alan Blinder, once a Fed vice chairman and a former Princeton colleague of Bernanke’s, defended the Fed. Blinder told this tale:
Andrew Ross Sorkin • Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves
Nathan Ting
@nathanting
mercantilist
Nathan Lewis • Gold: The Once and Future Money (Agora Series)
Each took place at a time when conflicting demands on finite government resources were high, and rentiers wielded reduced political power.6 Currently we’re beginning to see the financial oppression in developed countries. In the United States, the United Kingdom, and Europe, governments have forced their social security funds to only buy government
... See moreJonathan Tepper • Endgame: The End of the Debt SuperCycle and How It Changes Everything
If we act now, we can make sure that democratic values—freedom of speech, individual economic privacy, free enterprise, and free capital markets—are encoded in the digital future of money.
J. Christopher Giancarlo, Cameron Winklevoss, • CryptoDad: The Fight for the Future of Money
Finance
Roberto Colindres • 1 card
United States of Debt | No Mercy / No Malice
The complicity of global markets and the IMF in pumping up the Argentine bubble would be less deplorable if the bubble had been gently deflated—that is, if the international community had effectively assisted Argentina in minimizing the impact once its economy fell on hard times and market psychology turned negative. Unfortunately, the internationa
... See morePaul Blustein • And the Money Kept Rolling in (And Out): Wall Street, the Imf, And the Bankrupting of Argentina: Wall Street, the IMF and the Bankrupting of Argentina
ON DECEMBER 14, 1790, Alexander Hamilton issued another electrifying state paper, this time on the need to charter the first central bank in American history. Capitalized at $10 million, the Bank of the United States would blend public and private ownership; the government would take a 20 percent stake and private investors the remaining 80 percent
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