Real World Economics Review Out Now

This review serves up some excellent articles, including CasP's Blair Fix on the "Ritual of Capitalisation", John Komlos on the US economy, and Radhika Desai with Michael Hudson on the "Dollar Creditocracy". But it is Ib Ravn's "educational" article on banking, money creation and credit money that stands out as a uniquely comprehensible introduction to the real existing money system. Highly recommended!

Richard Werner

     RichardWerner.com Professor Richard A. Werner twitter wikipedia   Richard Andreas Werner (born 1967) is a German banking and development economist who is a university professor at De Montfort University.  He has proposed the "Quantity Theory of Credit", or "Quantity Theory of Disaggregated Credit", which disaggregates credit creation used for the real economy (GDP transactions) … Continue reading Richard Werner

ALT currencies – sovereign CBDC

sovereign central bank digital currencies - crypto, blockchain, CBDC see also pages alternative, complimentary, eco, energy, ideal, next currencies - Terra digital commercial currencies  - blockchain, crypto - bitcoin etc local currencies monetary US/UK monetary EU monetary reform see also posts 4/2021  Digital Corrections – Will Crypto Save Capitalism, and the FED 5/2021  CBDC Govecoins : Does The … Continue reading ALT currencies – sovereign CBDC

“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 ?”

INFLATION

monetary phenomenology portal page on INFLATION - updates, articles, books, post, pages 2021  inflation? inflation! – is there a theory beyond the hype? https://gaiageld.com/2021/03/11/inflation-inflation/ 2019  head scratching inflation (and the dumbed-down Phillips curve)  https://gaiageld.com/2019/10/21/inflate-scratc/ inflation  articles etc updated  (12/2021) makronom.de 17/12//2021 Wie real ist das Schreckgespenst der „Lohn-Preis-Spirale“? - Die Angst vor einer Lohn-Preis-Spirale treibt momentan … Continue reading INFLATION

ANOTHER NOW Dispatches from an Alternative Present by YANIS VAROUFAKIS

You want to change the world? Save humanity from self-destruction? Whether or not you like Yanis Varoufakis, he does seem to have a big heart and possibly a bigger brain than most of us. Just his impressively imagined other banking system is stacked with app-to-date-details hard to keep up with. Don't be distracted by political … Continue reading ANOTHER NOW Dispatches from an Alternative Present by YANIS VAROUFAKIS

Christoph Pfluger

blog     youtube      Zeitpunkt Christoph Pfluger is a Swiss author, publisher and money reform activist who was introduced to the topic in the early 1980's by the late Margrit Kennedy. Das nächste Geld Christoph Pfluger's Buch kommt als bescheidenes Taschenbuch daher, liest sich aber wie das Lebenswerk einer Person die sich seit 30 Jahren … Continue reading Christoph Pfluger

Lagarde Adagio Offuscato

Expect nothing but a repeat variation of  her 2012 Wolfgang Schäuble laudatio  from consummate diplomat Christine Lagarde today.  This is not the time to tell the Germans to get over their Schwarze Null fetish and spend money. Maybe there will be the odd softly spoken hint at clever new injection technology tunneling through southern debt mountains toward … Continue reading Lagarde Adagio Offuscato

Head Scratching Inflation

"Inflation ... has left many observers scratching their heads as to why the current level ...  does not match the current state of the real economy ..."  said ex ECB board member Sabine Lautenschläger in a recent speech.   The Economist discerns "strange new rules", devotes a  special report to "The End of Inflation?" and concludes that inflation is … Continue reading Head Scratching Inflation

Fiat Credit Money

... is our public money, it is created in our name, backed by our futures. So how come private banks get to create it ? "... there remains widespread misunderstanding of how new money is created, both amongst the general public and many economists, bankers, financial journalists and policymakers.  ...  the creation of new money and the … Continue reading Fiat Credit Money