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 ?
Wozu ein digitaler Euro, Dollar oder Yuan? fragt Die Zeit - Monetary-fiscal interactions on the way out of the crisis by Fabio Panetta
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.
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 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 4-2023 theguardian.com 13-4-2023 Wealthy west has little excuse after finally waking up to global debt crisis - As recent banking failures in US and Europe show, … Continue reading DEBT past present future public private crisis
The UK's Daily Express daily feeds Brexiteers with eye-popping revelations about the imminent implosion of the EU . One soon learns not to put one's money on those. But the unearthing of a 2year old CEP report caught my attention. It's got some eye-popping numbers relevant to Germany's idea of it's position in Europe : … Continue reading Zahlmeister entpuppt sich als Milchmädchen
this page: ALT currencies -any, complimentary, eco, energy, ideal, next currencies see also on gg ALT currencies local ALT currencies – eco- green- sustainable- degrowh- democratised- ideal- MONEY, demurrage ALT currencies -commercial -digital -blockchain -crypto, bitcoin , internet -big tech, -metaverse, web3 Digital Money News – CBDC, sovereign digital currencies, monetary politics archive monetary fiscal … Continue reading ALT currencies – any, eco, energy, ideal, next