Yes, Chris, that is about the worst news one could hear. I have been watching a lot of the conference sessions on channel 81, TUC and the three main parties....
Dirk, I would like to send your paper to Kenneth Clarke, former Chancellor fo the Exchequer. I assume that will be OK? Geoff ... From: D.J.Bezemer To:...
Re: [gang8] too much regulation as cause of crisisMichael, As I have written I do find the intricacies of US finance complicated, but I allow myself to bother...
You’re right, Arno. Fannie and Freddie have always favored urban Democrats, which is where their base is. So regulation was NOT the problem; deregulation...
* Dear Friends of Monetary Reform,* Below is our press release after the 4th Annual Monetary Reform Conference (a report will soon go out; participants are...
AMI
ami@...
Oct 2, 2008 2:13 am
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Re: [gang8] too much regulation as cause of crisisMichael, You asked me for a comment on your articles. That is asking too much since you produce a heck of...
Dear Gunnar, Bill Ryan just wrote that Following the A + B theorem in Social Credit theory, the expansion of debt increases the rate of profit in respect to...
Dear Dirk. Bill Ryan strongly disputes that profit is the product of Final Demand Inflation. Instead, his Douglasite A + B theorem ascribes profit to...
Michael, I doubt that we are heading towards debt cancellation. Seems like the opposite to me: the mortgage debt must be honoured; those who own those assets...
Dirk, The other – in my view more important – difference is that Ryan seems a fervent believer in usury, to the extent that he seems more a bankers’ ...
You’re absolutely right, Richard. No argument. I was saying what was ideal. Your idea would work too. But the worst thing is precisely what’s happening:...
Gang, I recognise the two elements in Ryan's framework that you mention, Gunnar, from his earlier communications - though I have never seen why he makes so...
Dirk, No, Ryan is explicitly and strongly pro-usury, rejecting any idea that there might be something wrong with interest-based systems, using strong and often...
Dirk. Re. the following: A follow up question, Gunnar - does not your concept of final demand inflation atually serve to bridge the gap between static and...
Bill. Re. the following: Dirk, it's not that there is a normal rate of expansion, but that the economy is normally in a state of expansion. For analytical...
Bill. Re. the following: That is to say, through empirical research. Making sense of our surroundings. A particular "exact axiomatic structure," which you...
Re: [gang8] Amid the good work by Mike and Geoff . . .>Michael, ... If not, so much for "free" trade and no gov. interference. ;-) And here we go again -...
Dear GAng and Bill, While Bill and Gunar have veered off into phsics and philosophy, it remains for me to respond to Bill's message to me: On Fri, 3 Oct 2008...
Bill. You must have missed all my posts of which Geoffrey spoke in his message of January 15, 2008 (#12713) as follows: "Say's Law is correct as it is an...
. How much mayhem in the housing market? Back in the here and now, in the UK and elsewhere, we are facing a collapse in the housing market which will be quite...
Dear Chris, Your comments are concise and brilliant. The same is indeed happening in the US. I especially liked your comment about the upward bias of housing ...
. Michael: I am surprised that someone as sophisticated as a US university professor, - and especially one who dines with the Michael Hudsons of this world!...
Chris, I tried to send an off-line reply to you, but don¹t have your new e-mail address, and it isn¹t shown on gang8. Can you give it to me? (My computer has...
dera Michael, ... Richard Werner pioneered a way to break down lending to the real vs. the financial/asset economy, and showed (for Japan) that the relation ...
Well it's not a column so much as irregular correspondence, Michael. I wouldn't have the discipline. Does anyone have that FT letter? I am not in touch with...
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