Tag Archives: Ben Bernanke

inflation: wandering hands on the tiller

Few would deny that our own political system may also be put seriously at risk by inflation. Every politician, every party, has some cure to sell to the electorate. Everybody promises solutions, but none of them works because the inflationary … Continue reading

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price anxiety

One of the fascinating consequences of an inflationary world is the strong emotions it generates for material objects. Although it does promote  competitive buying of intrinsically valuable goods, from houses to jewels, it also provokes a hatred of waste. Rather, … Continue reading

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breaking up is hard to do….

The Minsky Moment. That precise moment comes after a long period of prosperity and a climbing value of investments, which has fired the passion for greed resulting in increasing amounts of speculation using borrowed money. The kind of mentality that … Continue reading

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fiscal cliffs and financial stiffs

…The end is near. Doomsday scenario targeting that source of perennial anxiety and trauma:  The management of the American economy; now in terms of integrity officially in a recession, a double-dipper with  the entire money and banking system, the money … Continue reading

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cartoon messiah: a walt misery construction

…A struggle between the divine and the mythical, Jacob and the Angel as point of departure and building block for a political struggle that of necessity and consequence collides and challenges the established law. Since the beginning, there has always … Continue reading

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Broke bank: ballads of bonnie and clyde

Its a type of calling. A kind of priesthood. Except the fire and brimstone has been replaced metaphorically by the Biblical intonations of the high priests of economics. They have either found them and dusted them off from a new … Continue reading

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forty lashes just for a warmup

Does  the logic of postmodern capitalism no longer work, all the structural Ponzi’s coming home to roost, starting with the subjugated marginals like Greece and moving inexorably into the more bleached white domains of the Occidental heartland. All bubble eventually pop … Continue reading

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a thurber carnival: happy days are here again

The black, memorable year of 1929. Its 2011, three years since the great recession and the economic needle won’t budge.Employment is worse. And the housing crisis and foreclosures show little improvement. Are we in a socialized version of the dirty … Continue reading

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revolution is a trademark

Revolution is a registered trademark of Adidas. Revolution is a brand. The love beads, the Afro, it reproduces itself in new contexts continuously reinventing itself; the P.R. machine working on heavy rotation to secure the minds and souls of the … Continue reading

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segregated bus

Convoke the Committee for Un-American Activities. Revoke the Civil Rights Act. Was Obama’s crime to be on a white’s only bus? Or, you would think he was reveling with Neal Cassady and Ken Kesey and the Merry Pranksters on their … Continue reading

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