Bankers Fear World Economic Meltdown By GABRIEL KOLKO On June 15 we published Gabriel Kolko¹s essay on the enormous instability of the world¹d financial...
Dear Gang. By now, the structural disintegration of the world monetary system has been underway for more than three decades, beginning with the breakdown of...
See this url http://www.cfeps.org/pubs/wp/wp45.htm Randy Wray is the joint author Geoff...
Geoffrey Gardiner
geoffrey.gardiner@...
Jul 27, 2006 8:07 am
10930
Agreed, Geoff ... From: Gunnar Tómasson To: gang8@yahoogroups.com Sent: Wednesday, July 26, 2006 9:12 PM Subject: Re: [gang8] Banking doom? Dear Gang. By now,...
Geoffrey Gardiner
geoffrey.gardiner@...
Jul 27, 2006 8:08 am
10931
Dear Gang I found Golko's article interesting, although it ran into the sand when he reached the subject of credit derivatives, which are actually quite simply...
The following response to a few recent interesting posts on IJCCR may be of interest. Several different recent e-mails provoke this long response, but I am ...
Google gives 246 references to ECSC, mostly by online booksellers across the world, trying to sell it cheap. Geoff ... From: Arno Mong Daastoel To: Gang8 Sent:...
Geoffrey Gardiner
geoffrey.gardiner@...
Jul 28, 2006 11:20 am
10934
Dear Gang. An interesting thought (re-)occurred to me over lunch just now. Briefly, considering that ALL Profit in Entrerpreneurial Market Economies is the...
060802 Gardiner to Hudson Michael, 'The Bankers of Puteoli' by David Jones has arrived and I also have Martyn Barber's book on British metalwork in the Bronze...
Geoffrey Gardiner
geoffrey.gardiner@...
Aug 2, 2006 9:14 am
10936
060804 Gardiner to Gang8, Randy Wray and Philip Arestis. The announcement of higher interest rates by the Monetary Policy Committee of the Bank of England...
Geoffrey Gardiner
geoffrey.gardiner@...
Aug 4, 2006 10:12 am
10937
060805 Gardiner Philip, I very much agree with your suggestion. I hope to live to see some or all of the Levy team fulfil my prophecy in my letter in the...
Geoffrey Gardiner
geoffrey.gardiner@...
Aug 5, 2006 9:18 am
10938
Dear Geoffrey. It is now 25 years since I saw a delightfully lucid inscription - "Tout est simple. Pourquoi le compliquer?" - chiseled above the entrance to a...
Re: It is now 25 years since I saw a delightfully lucid inscription - Should read: It is now 35 years since I saw a delightfully lucid inscription - Gunnar ......
Dear Geoffrey, Not unusually, I'm having great trouble with my Yahoo connection and have come into this exchange at the point where there is a "suggestion" but...
... Completely agreed Gunnar. Look also at what happens in the case of final demand deflation. The present system requires constant demand inflation. The...
That is exactly right Hugh, and my thesis is that we are currently running up against the constraint of energy supplies in particular. I believe that there...
Dear Hugh and Chris. You guys should have been on the Harvard Economics Faculty back in the 1970s! But now that the concept of Final Demand Inflation has taken...
Dear Gang You may be familiar with this. I wasn't. Best Regards Chris Cook ... assets ... flood. ... [Non-text portions of this message have been removed]...
... From: chris cook Sent: Wednesday, August 16, 2006 1:27 AM Subject: Energy Bulletin Interview Hi Not a very flattering photo, but the interview is quite...
What is interesting here is that 1) this knowledge finally is becoming general and 2) as usual the only solutions for financing infrastructure are the...
Chris & Chris, James and Michael: Comments are very welcome on this side step on energy, but finance is again core !!! - as in any other kind of infrastructure...
I would posit that what has been happening with the derivatives world is that we have essentially been extending the lifespan of the present system by using...
080821 Hugh, The big question to which I can find no substantive answer is to what extent the big operators in derivatives markets are taking positions on...
Geoffrey Gardiner
geoffrey.gardiner@...
Aug 21, 2006 10:36 am
10951
Gunnar, As you know I agree with your analysis, but I have some clarifying thoughts about how final demand inflation is financed. It can be both by new credit...
Geoffrey Gardiner
geoffrey.gardiner@...
Aug 21, 2006 10:50 am
10952
Just one point, Chris. I see no compulsory connection between a budget deficit and a trade deficit. Geoffrey ... From: cjenscook To: gang8@yahoogroups.com ...
Geoffrey Gardiner
geoffrey.gardiner@...
Aug 21, 2006 11:05 am
10953
Would "investment" in the traditional sense of fixed-capital investment give a two-way fillip to the economy, that is, from the supply side and from the demand...