The Stupendous Tale

“Gold is money, everything else is credit” J. P. Morgan. Tarik in the Vinyard for the Saker Blog Empires, dynasties, new eras, they rise not on ideological abstractions or brute force, but with intellectual or moral discipline. Then they wither not by rigorous reason or righteous fury, but with pompous and extravagant proclamations. That’s just the way it is, that’s what they all do. This particular version of the age