Sunday, November 30, 2014

Try this on for size

Wow...sometimes words fail me.

Money is stored labor.  Labor is part of human life.  To devalue money is to debase life itself.

This little quote is part of a greater article.  If you wish, you may read it here 

Some fucked up shit my friends.  Golden Calves are nothing to some folks, just the way things should be.

1 comment:

russell1200 said...

A little less hyperventilating would be in order. The U.S. reserve currency is generally to its disadvantage EXCEPT when buying cheap stuff from China.

Recall that the now imploding Japanese, under Abenomics, has been trying to trash their own currency so that they can jump up exports to the U.S. and China.

Reading a little of Michael Pettit would go a long way.