Thanks for your feedback Geoffrey. I will persevere nevertheless! Being able to avoid dirty work and thereby drawing in poorer people from aborad to do it for...
Arno, thanks for engaging. Whether or not the remittances lead to inflation depends on their use. Would you all - esp Arno, Geoffrey and Michael - mind...
Dear Dirk, Inasmuch as most countries experiencing emigrants¹ remittances also are heavy debtors, the foreign exchange coming in from emigrants is used to pay...
Dirk, Ad 2) ... run. ... First pain, then gain - The short-term "pain" argument has been used by the main stream in Norway for a long time. It is not...
Thanks Arno, for your 'humble' opinions! On Sat, 1 Mar 2008 16:39:19 +0100 ... REPLY ??? I do not understand. what I mean is that capital investments ...
Thanks, Michael, good point. So individuals receive dollars, convert into Pesos, the dollars now in gvt hands flow out as debt repayment. Net effect: just...
You¹ve got the main one there, I think. The other one would be to bring the rest of the family over. Often, I know personally of remittances to cover parental...
Dear Dirk. Here are some comments on your points. 1) If these Pesos are used for buying domestic goods the increase in Peso leads to inflation, in the short...
Gunnar, Thanks! Below my responses ... REPLY: But productive investment leads to production only with a time lag, so that the immediate effect is inflation:...
http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/The_Financial_Tsunami_Part_V/the_financial_tsunami_part_v.HTM The Financial Tsunami Part V: The...
dear Geoffrey, (catching up with email...) The purpose of the message was not to present a detailed structure as I do not think I am qualified for that. The...
Dirk, Here are my comments on your points. REPLY: But productive investment leads to production only with a time lag, so that the immediate effect is...
080305 Gardiner to Gang GIBSON'S PARADOX I append below a preliminary draft of an entry for Wikipaedia about Gibson's Paradox. It seems unlikely that the...
Geoffrey, Brief and lucid. some comments: 'This answer was taken to mean that if one raises interest rates ('increase the value of money') there are fewer...
FYI, CALL FOR PAPERS Arno ... From: E.M. Sent To: undisclosed-recipients: Sent: Wednesday, March 05, 2008 11:40 PM Subject: CFP -- EAEPE 2008 (IHE Research...
I will move the comma: ;-) - No. If you import, the money spent is circulated abroad. Arno ... From: Arno Mong Daastoel To: gang8@yahoogroups.com Sent:...
Ah! punctuation helps doesn't it. OK, that is another useful correction which I accept. Thanks for your tenacious engaging! Dirk On Thu, 6 Mar 2008 11:42:59...
Totally agreed, and this was what Gunnar told them in 1998. Geoff ... From: Michael Hudson To: GANG8 ; Lian Jian Sent: Sunday, February 24, 2008 4:22 PM ...
Dirk. Here is Jeremy Bentham's formulation on the price impact of "new money"/remittances entering the economy: In "The Institute of Political Economy,"...
We are still plebeian enough to do our own cleaning. We have a friendly Kirghistani living nearby but he is a hydraulic engineer, not a bit plebeian. Told me...
Inflation only takes place if there are no unused factors of production??? G ... From: GUNNAR TOMASSON To: gang8@yahoogroups.com Sent: Saturday, March 01, 2008...
That is the extreme Keynesian position. Gunnar _____ From: gang8@yahoogroups.com [mailto:gang8@yahoogroups.com] On Behalf Of Geoffrey Gardiner Sent: 6. mars...
Geoffrey, thanks for your comments between brackets. My responses are in capitals ( not intended to be shouting mode!). Dirk ... BUT THERE ARE OTHER DIRE...
... More precisely: inflation only takes place if there are no unused factors of production that the additional money draws into use. But rising price levels...
<This will be unconvincing if it does not address the standard objection that 'of course inflation and the three-month interbank interest rate correlate very...
Sadly not enough time to prepare. GWG ... From: Arno Mong Daastoel To: gang8@yahoogroups.com Sent: Thursday, March 06, 2008 7:12 AM Subject: [gang8] Fw: CALL...
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