"The only way to call time on QE, if that is what we truly want, is to deconstruct and then reconstruct, regulate and stabilise the whole financial system, so that the extraordinary privilege of credit creation is always balanced by a responsibility not to take undue risks." Ann Pettifor
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, social media, www, web3 this page > updates - internet/web/big tech, - blockchain/crypto/digital currencies, - www, metaverse - social media, facebook, tiktok,twitter see also > gg-article/NewYorker 2021 bored-ape-avatars-taking-over-twitter- nft, crypto-currency - by Kyle Chayka gg arrticle big-tech-vincent-ventures-2021/ gg article altc-bitcoin-deciphering-crypto-j-norrington/ … Continue reading ALT currencies -digital -blockchain -crypto, bitcoin, big tech, internet -social media -web3 -metaverse
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 ?”
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NIGEL DODD twitter The Social Life of Money 2014 book review by Philipp Degens Nigel Dodd’s The Social Life of Money is an original and comprehensive contribution ... It is a must-read for any scholar interested in the topic as it helps to better understand the nature of money –or, of monies. Also, surely many … Continue reading Nigel Dodd