https://carnegieendowment.org/chinafinancialmarkets/83365 Foreign Saving Gluts and American Financial Imbalances MICHAEL PETTIS The idea that trade imbalances are more likely to be the result of credit imbalances than of savings imbalances ignores the role of savings imbalances in creating credit imbalances. When a surplus country demands to be paid for its trade surplus with claims on American … Continue reading Michael Pettis Savings&Loans
> alt currencies -digital, blockchain, crypto, -commercial, state It started … if you’ll pardon the pun … a ‘bit’ over a decade ago, at least in its more popular manifestations – the spread of new talk of a strange new money form. Or was it a payment form, or a finance form, or something else? (It … Continue reading CBDC – So Long, Cryptopians, Greet the New Digital Greenback – Robert Hockett -2022
DIE MONETÄRE MASCHINE - Kritik der Finanziellen Vernunft - Aaron Sahr - Rezensionen, Buchbesprechungen, Pressestimmen, Podcasts, Videos -
next generation political economy - hetero research - quantum , crypto, feminist, degrowth economics, monetary mechanics, NFT, metaverse, D Orrell, Y Veroufakis,
book review- David Orrell's impressive, intelligent and imaginative bomb of a book is a highly recommended read for all connoisseurs of curiosity and hope and an absolute must-read for would-be economists. -
Before you invest years of your time and 1000s of your dollars to practice 101 Mankiw, take time to read this book. Don't pay big bucks before you've read this quantum leap of a mind-bender destroying incumbent thought like there is a tomorrow. It'll reach parts of your quantum brain you could never code into clockwork DSGE. Read this book to reconsider the relevant marginal utilites. Especially if you are a bit of a quant, a bit nerdy or a bit curious.
strange positive correlation between borrowing volumes and interest rate levels? - uncreditworthy businesses are altogether excluded from global debt markets...
Eberhard Gamm GG pdf – 2021 Was ist Geld? Die fehlerhafte Buchführung der Banken und ihre Folgen – Eberhard Gamm Die KurzfassungIn diesem Buch wird gezeigt, dassGeld eine Buchführungsgrösse ist, mit der erbrachte und in Anspruch genommene Leistungen abgerechnet werden;es sich bei einer Zahlung um die Verbuchung einer Leistungstransaktion handelt;sich ein Kredit fundamental von einem … Continue reading Eberhard Gamm – Geld als Buchführung
Sehr Geehrte Ampel, In dem Glauben dass Sie meine freischaffenden Interessen am ehesten vertreten, möchte ich mich als Selbstständiger primär an Gelb, sekundär an Rot und zu guter Letzt an Grün wenden. Freiheit, Gerechtigkeit, Nachhaltigkeit - das ist gut. Ich freue mich Sie wollen auf dem Weg dorthin Fortschritt wagen. Gerade was die Digitalisierung angeht. … Continue reading Agent Orange? Bildungslücke der Ampelkoalition emittiert Aktienrente
Ersparen Sie Grün? Im ewigen Kampf um die relative Kapitalisierung freut Bloomberg sich am Reputationsschaden einer populären Deutschen Grünwaschanlage. Trotz Kreditschwemme ist der Job der Vermögensverwalter nicht einfacher geworden. Der Anleger erwartet zwar Bitcoinartige Gewinne, möchte aber nicht mehr im Sklavenhandel stecken, zumindest nicht wissentlich, da das zu unangenehmen Schlafstörungen führt. Sklavenfreier Zucker? So versprechen … Continue reading Vorsprung durch Grünwasch
Top Investors Expect a Summer from Hell to bring a near-Biblical Reckoning markets - latest updates here GM/post/caw 2-2022 Techno Crash to Land on Wine? Who says US rates will go up for real? Maybe the Fed’s endlessly extended expectation will do. No real rise yet but there has been worried talk of liquidity problems … Continue reading money MARKETS now and then – asset prices – capitalisation – valuation
I was about to leave my bookshop empty handed when I spotted a money title from an author not male, not middle-aged and not white: "We Need to Talk About Money" by Otegha Uwagba. A rare book indeed! So collectible I bought the pricey hardback. Having read it I have no regrets. Like Bourdieu, … Continue reading Pierre Bourdieu in Millenial Pink: ‘We need to talk about Money.’
Looks as if just before the yachting season BoE economists have allowed themselves another peek beyond the pale of the classic Savings&Loans specs: ... "No existing studies that address the comovement puzzle account for the empirical movements in bank equity and credit spreads (see eg DiCecio (2009); Sterk (2010); Carlstrom and Fuerst (2009); Katayama and Kim (2013); Di Pace … Continue reading BoE nudging mainstreamers toward re-discovery of credit channel ?
Das dysfunktionale globales Finanzsystem wurde abhänging vom Neugeld der QE Notfallinfusionen. Der Glaube an systemkonforme Entzugstherapie ist eine naive Illusion.
TheEconomist zur Dominanz des Kreditgeldes, dessen Missachtung durch die orthodoxe Ökonomie und die Schwierigkeiten einer Wirtschafts-Wissenschaft ohne Mensch und Geld
Wozu ein digitaler Euro, Dollar oder Yuan? fragt Die Zeit - Monetary-fiscal interactions on the way out of the crisis by Fabio Panetta
DSGE Departures In one of its daring trips beyond the walls of orthodoxy The Economist is indulging in a historic turn, reflecting that "Strangely, most economic models do not treat the economy as an evolving thing, undergoing constant change. They instead describe it in terms of its equilibrium: a stable state in which prices balance … Continue reading What happens when The Economist tries to escape from the Equilibrium Academy
Wie das kommende Digitale Zentralbankgeld (CBDC) die Banken und das Märchen vom Sparen bedroht; warum Banken kein Geld verleihen, es aber auch nicht Ex Nihilo schöpfen; und warum die orthodoxe Wirtschaftswissenschaft Geldschöpfung tabuisiert und Kreditgeld ignoriert.
Not quite. More like 101=404. Classical effort = Error not found. Missing as ever : The Money. “Economic action cannot, at least in capitalist society, be explained without taking account of money, and practically all economic propositions are relative to the modus operandi of a given monetary system,” Joseph Schumpeter 1939 The Economist special report 2021 The … Continue reading CBDC Govcoins – Has The Economist unveiled the endogenous engine of capitalism?
gaia0geld ALT currencies -digital -blockchain -crypto -NFT( bitcoin, diem, etc) , internet -big tech- metaverse, web3 this page >tiktokdigital commercial/internetupdatesinternet/web/big tech,blockchain/crypto/digital currencies, see alsogg-article/NewYorker 2021 bored-ape-avatars-taking-over-twitter- nft, crypto-currency - by Kyle Chaykahttps://gaiageld.com/data-metrics/ AI, data, metricshttps://gaiageld.com/big-tech-vincent-ventures-2021/https://gaiageld.com/altc-bitcoin-deciphering-crypto-j-norrington/https://gaiageld.com/digital-currencies-china-neil-ferguson/see alsoeco , energy, ideal, local, next currencies monetary reform B Lietaer M Kennedysovereign digital currencies – CBDC https://gaiageld.com/2021/07/03/digital-money-news-updates-and-articles-on-cbdcs-monetary-politics-and-digital-currencies/monetary US/UK monetary EU … Continue reading ALT currencies -digital -blockchain -crypto, bitcoin, big tech, internet -social media -web3 -metaverse
verfassungsblog.de 27/4/2021 A Relieving Decision by Hanno Kube With its interim decision of 15 April 2021, the German Federal Constitutional Court has paved the way for ratification of the 2020 Own Resources Decision by the German side. The speculation that the temporary order issued on 26 March 2021 against the German President – … Continue reading Karlsruhe – what next?
Ich hatte mich bisher kaum für WIRECARD interessiert. Just another Finanzskandal. Das ist ja auch in der Spar-Republik nichts Neues.
The FED has no way of re-balancing or raising rates without crashing the markets. The FED doesn't want to take the blame. Not again. Even though the markets are crying out for a correction. There is no discipline. The level of incontinence is unprecedented. QE has got to stop. But how? One would like new … Continue reading “Digital Corrections – will crypto save capitalism, and the FED ?”
featured/intro - updates 9-2022 here see also > greenwashing >sustainability ft.com 8/2021 The ESG investing industry is dangerous - A BlackRock dissident speaks truth - by Robert Armstrong Tariq Fancy is right about the ESG investment industry. Almost everything that Tariq Fancy says about environmental, social and corporate governance, or ESG, investing has been said before, in one form … Continue reading green finance, investment – ESG, greenwashing
f featured/intro updates below see also >Ann Pettifor >Michael Hudson >David Graeber twitter.com 2022 "A theory of debt is basically a theory of everything" - Andrew J. Douglas debt updates 9-2022 theguardian.com 9-2022 Now Britain is in the 100% debt-to-GDP club, what’s the spending plan? Covid has pushed many states’ debts above annual income, but … Continue reading DEBT past present future public private crisis
updated 9-2022 finance.yahoo.com 9-2022 Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation's trade supremacy is rapidly boosting its reserve status - by Vishesh Raisinghani ..."... The U.S. dollar displaced the pound just as America gained economic superiority over Britain. More than 75% of global transactions have … Continue reading Monetary fiscal US UK Can Fed BoE BoC Brazil
g0g deutsch hier Worldwide there are about 15.000 economists. Six of them did predict the 2008/09 global-financial-crisis. Ann Pettifor was one of them. "Ann Pettifor, director of Policy Research in Macroeconomics (PRIME). Pettifor’s 2006 publication – The Coming First World Debt Crisis – bombed on its release, but became a bestseller after the GFC. … Continue reading Ann Pettifor
Dummes Deutsches Geld As wkipedia tells us "Stupid German Money ... ist ein ursprünglich von der US-amerikanischen Filmwirtschaft geprägter Begriff für Gelder aus geschlossenen Medienfonds des deutschlandspezifischen grauen Kapitalmarkts. Diese Fonds wurden wegen hoher Abschreibungsmöglichkeiten als Steuersparmodell genutzt. Die Gelder flossen größtenteils in amerikanische Filmproduktionen." Since then it's been used derogatively and polemically to refer to … Continue reading “Stupid German Money”
