walkitout (walkitout) wrote,
walkitout
walkitout

Two quotes from _A History of Central Banking in Great Britain and the United States_ (not a review)

from p 364: "The belief in a "golden age" of competition and flexibility seems to have been built into the human psyche along with honesty, good workmanship, and respectful youth."

That's an amazing sentence.

p 381 in Wood, a quote from Stefan Zweig, Die Welt von Gestern pp 336-37 [The World of Yesterday]

"[A]nd thus hordes [of Bavarians] went over [to Salzburg] with wives and children to indulge in the luxury of guzzling as much beer as their bellies could hold....But the happy Bavarians did not know that a terrible revenge was approaching. For when the [Austrian] crown stabilized and the mark plummeted downward in astronomical proportions, the Austrians went over [to Bavaria] from the same railway station in their turn."

I'll probably come back to this latter quote and the section around it in another not-a-review post, if I get around to taking on the Cyprus-should-exit-the-Euro argument, a subset of all the thus-and-such-should-exit-the-Euro arguments, in turn an argument against any effort at monetary union. But not right now, because T. wants to watch Angry Birds Star Wars level videos to learn how to play the Cloud City levels.
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