Bleeding Capital

Comrades!

This is my first blog post for my blog ‘bleeding capital.’ I called it that because the western economies are presently hemorrhaging capital in the way of debt; plus it rhymes with David Harvey’s excellent course.

I am currenly half way through the book and I have to say that Harvey’s videos have given me a far deeper and richer understanding. I have to admit that I actually enjoyed the first three chapters and recommend that segment of the book for anybody interested in ‘fiat money.’

Anyhow, here is a sign that hyper-inflation is on the horizon – gold vending machines: http://www.dailyreckoning.com.au/a-golden-vending-machine/2009/06/18/

This entry was posted on Sunday, June 21st, 2009 at 7:33 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.