Concerning Michael's article, I have uploaded it here: www.michael-hudson.com/articles/countries/0409PolandEuroDollar.html I join the comments of James and...
In a message dated 9/7/04 7:58:46 AM Eastern Daylight Time, arno@... ... Dear Arno, I agree wholeheartedly with your comment. It's the individuals ...
Hudsonmi@...
Sep 7, 2004 2:15 pm
10210
Michael, you are unfair. You are not supposed to ask tricky practical questions like that. OK, but we do at least agree in principle. But how shall this be...
Sorry for the keyboard devil that crept into my message: ("In any budget the deficit is none and not too") Please read In any budget the deficit is one and not...
... Gov.s simply don't have the money to do that. They can only get that money by upping the taxes on the higher income groups. This is of course not true. ...
I just wrote this note to Keith, but it may be of interest here. Michael Dear Keith, Just a note on Zarlenga. My impression of him -- and he's been a friend of...
Hudsonmi@...
Sep 15, 2004 1:09 pm
10215
Tim you should direct this to Michael, not to me. Anyway, hereby forwarded to the list. Arno ... From: Tim Knight To: Arno Mong Daastoel Sent: Wednesday,...
None of Mr. Knight's comments have anything to do with credit or creditary principles. When a government borrows from the private sector, it is NOT creating ...
Hudsonmi@...
Sep 15, 2004 7:00 pm
10217
Jack, I fully support Michael's comments regarding whether central banks are publically or privately owned and regarding credit. I would only add and...
Re. Tim's message. First. Surely, the public sector does 'create its own credit'. Comment: The public sector's demand for credit does not create credit - it...
... From: Levi Philos To: G 8 ; Arno Mong Daastoel Sent: Saturday, September 11, 2004 3:56 PM Subject: Altrusism dot Org Don't know whether I can post to Gang...
Aftenposten (Oslo) reports that the coal mines on Spitsbergen - between Norway and the North Pole have become among the most productive in the world ('Store...
040920 Gardiner to Meakin, copy to Dave Dear Chris, Adverting to your kindly-intended comments to Dave, have you noticed that his group still talk of a site...
G W Gardiner
geoffrey.gardiner@...
Sep 20, 2004 10:29 am
10222
040920 Gardiner to Gang, copy to Dave. Salt tax The Salt Museum at Northwich in Cheshire publishes a four page summary of the history of the taxation of salt....
G W Gardiner
geoffrey.gardiner@...
Sep 20, 2004 10:29 am
10223
Dear Geoffrey As a member of Dave's LandCafe group I am interested in exactly how a workable taxation proposal might operate. In my view those who have...
Dear Chris, The problem with taxing "exclusive private use of a "Commons" such as Land" in a market economy is exemplified by the Quota System in Iceland's...
Kevin, My experience of Quakers must be different from yours, but then I have done business in the strongholds of the Quaker Plutocracy, Birmingham, Bristol,...
G W Gardiner
geoffrey.gardiner@...
Sep 22, 2004 11:38 am
10226
In a message dated 9/21/04 1:41:58 PM Eastern Daylight Time, ... Gunnar, What one is paying (higher) market value for in buying fishing boats, or the commons,...
Hudsonmi@...
Sep 22, 2004 12:44 pm
10227
Dear Chris, In our Gang8 discussions there usually is talking at cross purposes. Joe Hyde and I put forth the Georgist position of a land-tax. Geoffrey points...
Hudsonmi@...
Sep 22, 2004 12:54 pm
10228
Dear Michael: Re. the following: There is plenty of rent to be collected. The market price will come down, as this rent is collected, to be sure. Comment: Two...
Dear Gunnar, In the US Civil War, no compensation was paid to slave holders. Re value theory, I prefer classical theory to post-classical supply and demand...
Hudsonmi@...
Sep 22, 2004 6:29 pm
10230
Dear Michael, Three brief points. First. Classical value theory was - and remains - divorced from coherent monetary theory. Second. The concept of current...
I hope you guys aren't missing the big story these days about the growing conflict within the finance-capital sector - Morgan Stanley Dean Witter, Goldman...
Hudsonmi@...
Sep 24, 2004 5:52 pm
10232
David, Thanks for this interesting piece - a more appropriate title, I suggest, would have been "First Thoughts Of A Second-Rank Economist." In my early work...
Dear Michael: I just came across the following on the Internet: Dear Sabri, This is a side-note to you. Many people have left the Gang8 because of arguments...
Dear Gunnar, Both Randy and Henry had consistent ideas on money and credit. Their definitions were not yours. Therefore, much of the argument was at cross ...
Hudsonmi@...
Oct 3, 2004 3:46 pm
10235
Dear Michael, Consistency comes in two flavors - call them scientific and rhetorical. One is the product of the objective part of our brain - that part which...
Chris, The LLP bandwagon is now rolling fast, but sadly I am informed that there are tax reasons behind it: with an LLP structure National Insurance...
G W Gardiner
geoffrey.gardiner@...
Oct 4, 2004 8:01 am
10237
Dear George it was ever thus. A couple of years ago there was a tidal wave of small company incorporations to take advantage of the 10% tax rate applied by the...
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