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?
Tag: Claudio Borio
Confirmed: QE feeds Matthew Effect
Breaking Old News - QE really does feed Matthew effect! Following bankers' earlier observations we now have official mainstream confirmation that "softer monetary policy increases inequality." Not just in the US. A fresh study by A.L. Anderson etal provides "... new evidence on the distributional effects of monetary policy based on detailed administrative household-level data. The … Continue reading Confirmed: QE feeds Matthew Effect
green finance, investment – ESG, greenwashing
featured/intro - updates below see also > decoupling green GdP eco-capitalist >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, … Continue reading green finance, investment – ESG, greenwashing