@10:20, 11/17

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  Henry recommended a blog post:

  10:17 am

  The Dark Ages, Returned In Full

  There’s a famous passage in Schumpeter’s writings during the Great Depression, in which he lays out the extreme liquidationist position, arguing not just against the use of fiscal policy to fight unemployment but even against monetary policy, lest...

  
  

  
  

  Literally looming before us.  This is a recrudescence of faith.