2min chapter

Forward Guidance cover image

Jim Bianco, Mark Yusko, & Jurrien Timmer on Real Interest Rates, Banking System, and Crypto (Panel at Permissionless 2023)

Forward Guidance

CHAPTER

Ptolemy's Ruthlessness Isn't a Mafia Hit

Perticus's death is part of the first round of culling of these successor big wigs. He'd already had all kinds of debacles, including a river crossing that went disastrously awry and maybe 2,000 men drowned or were eaten by crocodiles. So when these officers knifed him, sometimes you'll read in the history books, it'll say that he was killed by his own troops. That sure sounds like a mafia hit, though, doesn't it? It's ruthless, but I keep reminding myself, ruthlessness is pretty much par for the course in the power politics game from the beginning of history till like yesterday, right?

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