Dear Friends of the American Monetary Institute, (Please excuse multiple mailings) Some exciting and historic news from the U.S. Green Party! This past week...
15211
Dirk Bezemer
p233369
Sep 6, 2010 8:56 am
http://www.voxeu.org/index.php?q=node/5449 A helicopter drop for the Treasury Ricardo Caballero 30 August 2010 Print Email Comment Republish The US may be near...
15212
G W Gardiner
geoffrey276927
Sep 6, 2010 11:29 am
The bookkeeping of this exercise baffles me! Some of the remarks make sense. Geoff ... From: "Dirk Bezemer" <d.j.bezemer@...> Sent: Monday, September 06,...
15213
Dirk Bezemer
p233369
Sep 6, 2010 12:25 pm
Let's go through it. 1. The Treasury forgoes tax income => the public's account balances with government increase. 2. The Fed 'gives' the same amount to the...
15214
Michael Hudson
peshinesmith
Sep 6, 2010 5:14 pm
Anyone interested? Michael ... From: Peter van Schaick <worklaw@...> Date: Mon, 6 Sep 2010 11:37:05 -0400 To: <mh@...> Subject: Call for...
15215
Dirk Bezemer
p233369
Sep 7, 2010 9:16 am
Chris, Thanks for (once again) explaining this idea of equity unitisation. I write this without irony since I am still struggling to grasp it and repeated...
15216
Chris
cjenscook
Sep 8, 2010 10:27 pm
Dirk Like almost everything it comes down to definitions, and the difference between debt and equity is a matter of polarity. An undated credit obligation and...
15217
Dirk Bezemer
p233369
Sep 9, 2010 11:56 am
Chris, I follow you and I agree. But does that answer my question, which I would really like to have your take on? (and which I have thought about a good deal...
15218
G W Gardiner
geoffrey276927
Sep 30, 2010 8:17 am
100930 On Thursday 29th September Bill Clinton gave a speech in Northern Ireland in which he talked, for the most part sensibly, about the recession and the...
15219
D.J.Bezemer
p233369
Sep 30, 2010 8:45 pm
more on QE... the Bank of England, having concluded that QE did not work to get spedning going, is now resorting to more direct measures - see the item below....
15220
G W Gardiner
geoffrey276927
Oct 1, 2010 10:40 am
Michael, I did not have time to deal with this before I went on my Highland cruise. It seems comprehensive but a bit woolly. I imagine we would dominate the...
15221
Michael Hudson
peshinesmith
Oct 1, 2010 12:26 pm
Well, I wrote them suggesting I talk on the calendrical origins of debt and debt cancellation in the Bronze Age ‹ an anthropological talk. I figured I could...
Worth reading. No mention of deflation as a danger! Dirk FROM CURRENCY WARFARE TO LASTING PEACE Barry Eichengreen, 30 September 2010 The "international...
15224
G W Gardiner
geoffrey276927
Oct 10, 2010 7:55 am
101011 Gardiner 1. It appears that some gamblers are so sure the Chinese will have to revalue that they are buying renmimbi with borrowed money, hoping to...
15225
Dr. Richard Werner
rawjapan2005
Oct 10, 2010 12:50 pm
Hi Geoffrey, I am sure the majority of gamblers are aware of that, they are just taking a bet on the politics, that China will eventually be forced to give in...
15226
AMI
ami@...
Oct 10, 2010 6:03 pm
Dear Friends of the American Monetary Institute, (Please pardon multiple mailings) The 6th Annual AMI Conference was an exciting event, regarded by repeat ...
15227
D.J.Bezemer
p233369
Oct 20, 2010 6:32 pm
a credit-theory of money might be preferred to a money-theory of credit Excellent quote! Thanks for sharing. Dirk On 20-10-10, Robert Fischer...
15228
Dr. Richard Werner
rawjapan2005
Oct 20, 2010 7:34 pm
"It may be more useful to start from these [credit transactions] in the first place, to look upon capitalist finance as a clearing system that cancels claims...
15229
Dirk Bezemer
p233369
Oct 21, 2010 7:46 am
Dear All, Here is a strong piece on EU disregard of credit dynamics. It notes that current problems are due not to fiscal profligacy but "an extraordinary...
15230
Dirk Bezemer
p233369
Oct 22, 2010 8:56 am
Here is someone building on Fred Harrison's 18-year theory to predict the next real estate cycle. Not convincing to me, though the basic idea of rent being...
15231
G W Gardiner
geoffrey276927
Oct 25, 2010 7:35 am
I am puzzled. Table 5.3C of the Financial Statistics shows no sign that the institutions have been selling gilts during the period of QE. So where have the...
15232
D.J.Bezemer
p233369
Oct 25, 2010 8:50 am
Geoffrey, very puzzling indeed. If not from resident UK institutions, then the only other two sources I can think of is: -foreign institutions, and -directly...
15233
G W Gardiner
geoffrey276927
Oct 26, 2010 8:14 am
This quote in the FT from an article on stamp collecting of all unlikely subjects must be the answer: 'The Bank of England bought up a significant chunk of the...
15234
Richard Werner
rawjapan2005
Oct 26, 2010 9:04 am
Yes, not too puzzling I would say – the government issued bonds and the Bank of England bought them, but not directly. Instead, they went through the brokers...
15235
D.J.Bezemer
p233369
Oct 26, 2010 2:25 pm
Interesting. 1. During QE, the BoE purchases debt to the amount of UKP 150 bn. That is why we observe reserves to go up fourfold, by UKP 150bn. 2. During QE,...
15236
D.J.Bezemer
p233369
Oct 26, 2010 7:06 pm
Well I checked and the DMO net issueance of gilts in 2009-2010 was UKP 211 bn. See...
15237
Michael Hudson
peshinesmith
Oct 29, 2010 4:04 pm
Ellen is getting a big following. What do you think of this? Michael From: Ellen Brown <> Subject: posted on Yes! Mag -- "Time for a New Theory of Money" To:...
15238
G W Gardiner
geoffrey276927
Nov 1, 2010 7:44 pm
Michael. It is her best article. Ellen seems to have taken notice of my patient explanations. I have written at length to her recently and she has seen the...
15239
G W Gardiner
geoffrey276927
Nov 1, 2010 7:52 pm
I found Moini's paper and attach it. Looks pretty boring. Geoff From: Michael Hudson Sent: Friday, October 29, 2010 4:05 PM To: GANG8 ; stephen zarlenga ...
