Michael and Geoffrey. Ellen Brown's final paragraph - We have emerged from the financial crisis with new clarity: Money today is simply credit. When the credit...
15241
Dirk Bezemer
p233369
Nov 4, 2010 11:02 am
From Poverty to Power by Duncan Green has a new post at http://www.oxfamblogs.org/fp2p/?p=3943 Is the IMF getting serious about inequality? Looks like it Is...
15242
AMI
ami@...
Nov 5, 2010 2:27 am
Dear Friends of the American Monetary Institute, (Please pardon multiple mailings) First - Please forward this e-mail to your contacts! *Videos of 2010 AMI...
15243
Arno Mong Daastoel
arnomd
Nov 6, 2010 8:28 am
Thanks Kevin! Wow, a tidal change indeed! Connecting this phenomenon to trade policy is directing attention in the right direction. Asking whether inequality...
15244
G W Gardiner
geoffrey276927
Nov 8, 2010 12:30 pm
I have never tried to prove it, but it has always seemed to me - even in my schooldays - that when inequality gets beyond a certain threshold the average...
15245
Dirk Bezemer
p233369
Nov 8, 2010 3:24 pm
dear Fred, Thanks for engaging. This merits wider exposure in our gang8 discussion list. As I wrote, your correct prediction of the 2008/10 crisis lends...
15246
Dirk Bezemer
p233369
Nov 9, 2010 8:23 am
Dear Fred, Let us remind ourselves that we are focusing on what we do not agree on, and that this is far less than what we do agree on. I accept the theory of...
15247
Dirk Bezemer
p233369
Nov 10, 2010 8:56 am
Dear Fred, I read your book last Christmas, collected time series data going back to the 1830s on UK GDP and interest rates, but indeed did not 'write up'. But...
15248
G W Gardiner
geoffrey276927
Nov 18, 2010 11:14 am
Definitely not!!! Geoff From: Gunnar Tomasson Sent: Monday, November 01, 2010 8:26 PM To: gang8@yahoogroups.com Subject: RE: [gang8] Ellen Brown's article on...
15249
Michael Hudson
peshinesmith
Nov 18, 2010 12:32 pm
Well Gunnar, the best example is China. Here’s a complaint from the Wall Street Journal about this topic. It looks like its banks are in a much better...
15250
Dirk Bezemer
p233369
Nov 18, 2010 12:48 pm
Agreed, of course. But does posing that question do justice to Ellen Brown as she now writes? She is not claiming that there exists debt-free credit. What she...
15251
Michael Hudson
peshinesmith
Nov 18, 2010 1:15 pm
Perhaps we could organize a conference or volume on this. Any suggestions? Michael ... Re: [gang8] Ellen Brown's article on money Perhaps we could organize a...
15252
Dirk Bezemer
p233369
Nov 18, 2010 1:43 pm
I've been to four conferences over the last months and shouldering a heavy teaching load this year plus ongoing research... so for now I should now take on new...
15253
Richard Werner
rawjapan2005
Nov 18, 2010 3:41 pm
Gang, I thought we had settled this issue a while ago. Below some old mails about this. Regards, Richard ... From: <mailto:werner@...> Richard...
15254
Chris
cjenscook
Nov 18, 2010 3:51 pm
I would be interested in any feedback in relation to this recent blog post of mine, which I aim to publish on a fairly widely read political blog site this...
15255
Michael Hudson
peshinesmith
Nov 18, 2010 4:42 pm
Don¹t worry, Dirk. This would take until next summer or autumn. It¹s a big topic. I suggest a meeting in Riga, Talinn, or Milwaukee or London. But Iceland...
15256
Michael Hudson
peshinesmith
Nov 18, 2010 5:31 pm
The issue at this point, Richard, is how the community can benefit from interest overhead, rather than leaving this in the hands of commercial banks....
15257
Dr. Richard Werner
rawjapan2005
Nov 18, 2010 9:38 pm
The community benefits by owning the banks. _____ From: gang8@yahoogroups.com [mailto:gang8@yahoogroups.com] On Behalf Of Michael Hudson Sent: 18 November 2010...
15258
Dirk Bezemer
p233369
Nov 19, 2010 9:35 am
Thanks, Chris. Very good and clear piece. I printed it for future reference! Under 'Taxpayers' Money' I had expected something about public debts not being...
15259
Chris
cjenscook
Nov 19, 2010 6:08 pm
Thanks, Dirk Richard Werner put me right in relation to this para, which I removed ... Even where gilts are not purchased directly by banks, credit must be...
15260
Michael Hudson
peshinesmith
Nov 23, 2010 1:53 pm
Here¹s my article on Quantitative easing. It was published on Counterpunch, without footnotes. It should be on my web site by now. Michael FW: My "original";...
15261
G W Gardiner
geoffrey276927
Nov 24, 2010 9:19 am
Michael This morning we shall be joining a group of elderly citizens for coffee. All of them have had their income cut as a result of lower interest rates....
15262
Michael Hudson
peshinesmith
Nov 24, 2010 2:40 pm
Thanks, Geoffrey, your comments are always helpful. And you¹re right, it¹s time to look forward  where do we go in the present post-bubble economy? Let¹s...
15263
Gunnar Tomasson
gunnar.tomasson
Nov 24, 2010 3:25 pm
Dear Geoffrey and Michael. As I see it, there are two key points at issue. 1. Technical monetary details (which Keynes let fall into the background in...
15264
G W Gardiner
geoffrey276927
Nov 25, 2010 7:56 am
101125 Michael, More re your Counterpunch article. Is the Chinese Government really against raising the exchange rate because they think it will lose some of...
15265
G W Gardiner
geoffrey276927
Nov 25, 2010 8:06 am
101125 The Irish government has raised taxes on land and property. Will that lower property values and increase the woes of the banks by putting more borrowers...
15266
G W Gardiner
geoffrey276927
Nov 25, 2010 8:17 am
101125 Re my earlier e-mail, it seems the Irish property levy will be only 200 euros, so the effect on values should be small. My faith in the intelligence of...
15267
Dirk Bezemer
p233369
Nov 25, 2010 10:01 am
Geoffrey, You forget that the tax effect is relative - to other taxes. The Irish are raising all sorts of taxes (what will happen to their 'unfair ...
15268
Michael Hudson
peshinesmith
Nov 25, 2010 1:31 pm
Dear Geoffrey, I don¹t agree with your description of China¹s interest. It DOESN¹T look at US dollar holdings as claims on the US economy. that¹s because...
15269
Michael Hudson
peshinesmith
Nov 25, 2010 1:37 pm
Dear Geoffrey, You would think so, yes: Raising land taxes will leave less rental value to be capitalized into bank loans. A property is worth what a bank will...
