Gunnar and Micheal "In the context of the Creditary Approach to Money, "money" - Credit - is viewed as a means of Factor Mobilization for the Production...
Gang, I do not know if any of you is in touch with John Eatwell and the Cambridge Endowment for Research in Finance (CERF), but their work is highly relevant...
from http://www.cerf.cam.ac.uk/publications/files/Eatwell%20-%205-6%20April%2002.pdf (p 9-10) The structure of the CERF approach is therefore constructed as...
I don¹t agree at all. Most credit has little to do with GNP or goods and services production OR consumption. It is to fuel asset-price inflation. I think it...
Michael. As noted earlier, I came across Bentham's writings after working my own way through the issues involved. It had struck me as incredible that the ideas...
Gunnar, maybe we¹re talking about different books by Bentham. I¹m talking about his pamphlet on usury. -- rationalization for it. Which work are you talking...
Michael: I don¹t agree at all. Most credit has little to do with GNP or goods and services production OR consumption. It is to fuel asset-price inflation.. ...
By the way, Here is nice and timely confirmation of Michael's point about the idea of "credit flows .. determining the trade balance". It says determining, not...
Usually an interesting read.... http://www.dailyreckoning.com.au/us-economy-2007/2007/02/02/ Chris Cook Posted by Dr. Kurt Richebacher on Feb 2nd, 2007 With...
February 4, 2007 Underreported, Understated And Certainly Not Understood Roughly every three months, we publish our free commentary entitled "Pictures of a...
BERLIN, Feb. 5 (UPI) -- China will likely oust Germany as the world's largest exporter in 2008, Germany's federal agency for external trade said Monday. China...
Monday view: The West must handle with care China's growing interest in Africa By Ambrose Evans Pritchard Last Updated: 12:20am GMT 05/02/2007 The new Cold War...
The article below suggests that only Cheney's departure will remove the threat of what could be global war and a process that could shatter the global economy....
Cheney's Fund Manager Attacks... Cheney by Brett Arends The oil-based energy policies usually associated with Vice President Dick Cheney have just come under...
The Great Unwind is coming, warn Dresdner pair It's the sort of analysis that, as an investment banking analyst focusing on the investment banking sector,...
James, I suspect that the hedge funds invest in each other, so that there is no substance behind their investments. On the analogy of bills of exchange frauds...
GEOFFREY GARDINER
geoffrey.gardiner@...
Feb 12, 2007 9:37 am
11311
Kevin, Sorry to take so long. Allowing for general inflation your house price has just about doubled, so the problem is to halve it. What does Ken want? To get...
GEOFFREY GARDINER
geoffrey.gardiner@...
Feb 12, 2007 1:05 pm
11312
Michael, The voices which try to give an accurate view seem to be swamped by those who want to distort. Your analysis is the sane one. Geoffrey ... From:...
GEOFFREY GARDINER
geoffrey.gardiner@...
Feb 12, 2007 4:21 pm
11313
Geoff Your introduction of the REIT into your response is interesting. ... lease them back. This is the purpose of the present scheme to acquire Sainsbury. All...
Quite right, Geoffrey, This from today¹s FT. Michael The Germans have the right idea on hedge funds By Wolfgang Munchau, Financial Times, February 12 2007 How...
Pity Munchau hasn't the first idea of how the banking system operates.... ... ".....The business of a bank is to borrow money from a central bank, lend it to...
Michael is right that, logically, hedge funds should not be regulated simply because they are big. Practically, however, that is a very good reason to...
FEBRUARY 19, 2007 COVER STORY It's A Low, Low, Low, Low-Rate World Money is cheap. And some experts say it could stay that way for years. That's creating...
Over the HedgeSigns of the coming hedge-fund apocalypse. By Daniel Gross Posted Tuesday, Feb. 13, 2007, at 7:16 AM ET Because I'm writing a book about booms...
The interesting thing is that for the past ten years, nearly ALL the net sales of stock have been by insiders cashing out ‹ largely to pension funds, by the...
A fascinating article that indicates, yet again, how many and great are the power shifts taking place in the global situation. The Americans have succeeded in...
Dirk, Is the Asian policy so wise? When Japan was in its initial growth stage a Japanese banker who was a government adviser complained to me that Japanese...
GEOFFREY GARDINER
geoffrey.gardiner@...
Feb 16, 2007 9:31 am
11322
070216 Gardiner to Bezemer Dirk, Sorry to be so slow to reply. I have been dealing with a time-consuming project. It would be great to get together but...
GEOFFREY GARDINER
geoffrey.gardiner@...
Feb 16, 2007 11:16 am
11323
070216 Gardiner to Gang Dirk, I am dubious about the idea of treating 'money' as if it is a commodity, subject to supply and demand pressures. With no central...
GEOFFREY GARDINER
geoffrey.gardiner@...
Feb 16, 2007 12:26 pm
11324
Geoffrey is quite right to emphasize the confusing ambivalence of the term ³investment.² When I was in school, no teacher pointed out that the term could...