housing -inequality, land, property, renting, rentier-capitalism

>inequality,inflation, housing, wages mishtalk.com 15-4-2022 Housing Affordability Declines Nearly 23 Percent In Less Than a Year - by Mish .."...The NAR defines affordable as the degree to which a typical family can afford the monthly mortgage payments on a typical home. (affordability calculation here) ... The US Housing Affordability Index has moved down to its … Continue reading housing -inequality, land, property, renting, rentier-capitalism

Digital Money News – updates and articles on CBDCs, monetary politics and state digital currencies

Wozu ein digitaler Euro, Dollar oder Yuan? fragt Die Zeit - Monetary-fiscal interactions on the way out of the crisis by Fabio Panetta

“Digital Corrections – will crypto save capitalism, and the FED ?”

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 ?”

Stiglitz wants GDP retired

"It's time to retire metrics like GDP." writes Joseph Stiglitz in The Guardian. "The way we assess economic performance and social progress is fundamentally wrong, and the climate crisis has brought these concerns to the fore." Indeed. Always nice to hear the reforming voices. Apparently another revised book of alternative measurements has just been published. … Continue reading Stiglitz wants GDP retired