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Monthly Archives: November 2010
Liminality [Part II]
Scepticus, WTF Are You Talking About? Some readers, especially new ones, may be wondering if I am a bit crazy trying to roll all this finance and money stuff together with ancient history and so on. If you have been … Continue reading
Back to the Future, Episode I
So much criticism is levelled daily at contemporary culture from all directions and ideological standpoints that we have come to convince ourselves that we are doomed to civilisational failure if not today then perhaps by the end of next week, … Continue reading
Crucifixion of the Liminal man
Liminal Man Spare a thought for Ben Bernanke, unwilling Liminal Man. A man dangling from a balloon he cannot control, a balloon that was cut free to rise while he was still a young man, a nobody. But nevertheless, it … Continue reading
Phase Change [Part II]
Lets take a look at a wider perspective. World population. Men, women and children, since forever. Two Transitions I see two phase changes, one ocurring roughly between 10000BC and 1000BC, and another between roughly 1800AD and 2000AD. The difference in … Continue reading
Let there be a blog, called Liminal Hack
This is Liminal Hack, a blog that belongs to I, Scepticus. Warning: I may repeat myself from time to time. After all, repetition is one of the only, perhaps the only, way to make a point in this day and … Continue reading
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Sublimation
When will interest rates return to normal? What is normal? Can the base rate be used as a tool to prevent cost push inflation? It is interesting to see much of the fiscally conservative wing of the financial punditry opining … Continue reading
Psychoanalysis
“Just as one cannot remain at the threshold and it remain a threshold, neither can the experience of liminality be retained without it ceasing to be an experience of liminality – the experience of liminality always recedes from us into … Continue reading
A Bright Idea
MV=PT People who say MV=PT (money stock x money velocity = prices x transactions) are conciously or subconciously viewing money as water. We only believe things like MV=PT despite its lack of explanatory power because it was written down a … Continue reading
Meanwhile, Back at The Ranch
Quick interlude – one of my internet buddies dropped me this linky yesterday. The article notes: “In other words, while surpluses created by current account flows (i.e. from trade) were tolerated, inflows heading into emerging economies via the capital account … Continue reading
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Life in the Matrix
The post to follow this one is both wonkish and geekish and goes against the grain of the wisdom currently circulating in that part of the matrix we call the financial blogosphere. Accordingly before beginning such an unreasonable trial, a … Continue reading
