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" ... Importantly, the Fed can’t alter this truth. Thank goodness it can’t. Central planning failed murderously in the 20th century. Why so many “free market” religions still believe credit availability is centrally planned amounts to one of life’s enduring mysteries. No. If true, the U.S. economy would be so destroyed as to not be worth discussing. ... "
" ... Nero was the last in the hereditary line descended from the Emperor Augustus, a nephew of the Emperor Claudius who was reputed to have murderously outmaneuvered his uncle’s own progeny to ascend to the throne at the age of sixteen. During his thirteen-and-a-half-year reign, he allegedly incinerated Rome – fiddling while he watched it burn – just to make space for a palace as big as the city itself. He was also said to have committed other heinous acts, ranging from sexual transgressions to singing in public competitions. The last of these accusations, which was most likely true, was especially damning because it revealed his unseemly craving for popularity. ... "
" ... While it's an axiom of car collecting that original parts — belonging to that machine at that historical moment of assembly — are key to increased value, it's important to remember what it meant that Chassis 3387GT was a rocking, rough-and-tumble race car back in its mid-20th-century track heyday. It was driven ruthlessly to some 17 podium finishes in 27 races, including being driven to a second-in-its-class place in the grueling 24-hour race at Le Mans by Glenn "Fireball" Roberts in 1962. In 1962, there was no race more murderously tough on drivers or their cars than Le Mans. Chassis 3387GT was not "collectible" then — it was a working Thoroughbred racehorse. In the heat of a racing season, parts of every race car get pulled out and replaced in a trice, for reasons related to enhanced performance and/or the demands of a particular track. Chassis 3387GT's original "factory" gearbox fell by the wayside during its racing years and wasn't put back. Nobody needed it. They were racing Chassis 3387GT, not "collecting" it. ... "