Ashkenazim
«Se supone que estamos salvando a estas personas y es obvio que aquí no nos ven como sus salvadores. No les podemos gustar mucho. Si llegamos a una aldea nadie agita banderas, ni corre a echarnos flor...
Without easy credit creation a true bubble cannot occur. That is why so many bubbles have their origins in the sins of omission or commission of central banks.
We shall quickly find ourselves about as important to the algorithms as animals currently are to us.
Until the archives of the Masonic lodges became accessible, researchers were heavily reliant on memoirs and documents confiscated and published by the Order’s foes. Amongst the materials said to have...
Unintelligible because the print was so small.
Tranche
There is nothing safer than lending money to people with property. Why? Because if they default on the loan, you can repossess the house. Even if they run away,
The state has to pay 50 per cent, then even reliable commercial borrowers are likely to pay some kind of war premium. It is no coincidence that the year 1499, when Venice was fighting both on land in...
The air was filled with obscure ideas
Splenetic
Specified confidence intervals (for example, the statement that 40 per cent of the balls in the jar are white, at a confidence interval of 95 per cent, implies that the precise value lies somewhere be...
Some of the structural drivers of inflation have also weakened. Trade unions have become less powerful. Loss-making state industries have been privatized. But, perhaps most importantly of all, the soc...
Solo unas lecciones de vuelo y unos cutters. En el momento en que escribo, ochenta lecciones de una hora de vuelo incluidos el coste del alquiler de la nave y la instrucción cuestan menos de nueve mil...
No man prepar’d for it; no man consider’d it would come like a Thief in the night, exactly as it happens in the case of death.’74
Most money is invisible, little more than numbers on a computer screen?
Lo más sorprendente del 11 de septiembre es que no hubiera ocurrido antes. Estados Unidos llevaba años subvencionando a Israel. Había sostenido al régimen del sha en Irán. Había desplegado tropas en A...
Fettle
Democracy’, we are in fact referring to a number of different interlocking institutions. People sticking pieces of paper into ballot boxes, yes. Their elected representatives making speeches and votin...
The Boxers believed that after one hundred days of training in martial arts they would be impervious to bullets. After three hundred days they would be able to fly.