Stephen, ... I have commented on this issue numerous times: NB: After one long discussion, it emerged that Gunnar is using the term "economics" in the sense...
4494
Arno Mong Daastoel
am@...
Oct 1, 2001 11:15 am
I too have great difficulties in accepting Randy's position, ....taxes taxes taxes But we have had this discussion before, and Randy seems to be narrowing his ...
4495
Ggard97342@...
Oct 1, 2001 12:25 pm
In a message dated 25/09/2001 16:16:25 GMT Daylight Time, ... Well done, Kevin; you beat me to it. I guessed it was Patience. I read the whole WSG corpus when...
4496
Ggard97342@...
Oct 1, 2001 12:26 pm
In a message dated 26/09/2001 14:12:57 GMT Daylight Time, ... Very nicely put, Gunnar. GWG In a message dated 26/09/2001 14:12:57 GMT Daylight Time,...
4497
Ggard97342@...
Oct 1, 2001 12:26 pm
In a message dated 28/09/2001 20:51:57 GMT Daylight Time, wrayr@... ... I concur completely with Randy, Geoffrey...
4498
Ggard97342@...
Oct 1, 2001 12:26 pm
In a message dated 28/09/2001 20:17:05 GMT Daylight Time, ... Until issued the notes are really worthless bits of paper. They belong to the BofE Issue...
4499
Ggard97342@...
Oct 1, 2001 12:26 pm
In a message dated 29/09/2001 14:43:50 GMT Daylight Time, ... Not strictly true, Chris. Bearer bonds are issued. In 1939 the Defence Regulations enacted that...
4500
Ggard97342@...
Oct 1, 2001 12:26 pm
In a message dated 23/09/2001 08:33:12 GMT Daylight Time, cresscourt@... writes: But the European Union has a character that is surely more "socialist" -...
4501
Henry C.K. Liu
hliu@...
Oct 1, 2001 1:57 pm
I worte a few days ago: For the US government to really stop the funding of bin Laden, it may have to ban oil trading altogether! If one studies the funding...
4502
Wray, Randall
wrayr@...
Oct 1, 2001 2:22 pm
geoffrey that was a very nice statement of the business of banking and trade credit. by the way, i did not mean to imply that the usa has an overall trade ...
4503
Wray, Randall
wrayr@...
Oct 1, 2001 2:46 pm
stephen your reworking seems ok, but i see no reason to keep "moral basis" in. i think it weakens the statement. L. Randall Wray Professor, Economics...
4504
Wray, Randall
wrayr@...
Oct 1, 2001 2:48 pm
chris wrote: "It is quite feasible: a. to have taxation without money b. to have money without taxation" part a is of course quite feasible, a point i've...
4505
Wray, Randall
wrayr@...
Oct 1, 2001 3:05 pm
sebastian asked: "yes, but does not have the demand for money created by the never ending need to refinance more at the central bank than in the period before...
4506
Arno Mong Daastoel
am@...
Oct 1, 2001 7:17 pm
Since January 2001, in the tiny country of Norway, the pension- and life funds have lost their whole buffer fund of 26 billion NOK ($ 3 bill). Truly well done...
4507
Arno Mong Daastoel
am@...
Oct 1, 2001 7:58 pm
Randy, Sorry for this endless discussion: ... In my last suggestion, (28th Sept. last Friday) I had deleted this whole paragraph. It was obviously...
4508
Arno Mong Daastoel
am@...
Oct 1, 2001 8:14 pm
... How did they get these claims Randy? By selling for instance their work or their crops to the US for "green" etc. I agree with Michael, and I cannot...
4509
Hudsonmi@...
Oct 1, 2001 8:34 pm
In a message dated 10/1/01 3:23:11 PM Eastern Daylight Time, am@... ... Well, Arno, you should suggest that Norway's planners direct the population to...
4510
ChrisOfDulwich@...
Oct 1, 2001 8:38 pm
. Dear Gang: CREDITARY Since I originally coined the word "creditsary" - in the course of a telephone conversation with Geoffrey G, some time in May/June...
4511
Sebastian Dullien
S.Dullien@...
Oct 1, 2001 8:50 pm
This is probably not the end to the story. I guess that pension systems backed by capital investments in general will not be very en vogue during the next...
4512
Wray, Randall
wrayr@...
Oct 1, 2001 11:40 pm
arno no i'm not inserting anything; fine with me to keep out the section. i think "morality"; weakens the thing as it is too vague unless we spend paragraphs...
4513
Wray, Randall
wrayr@...
Oct 1, 2001 11:42 pm
arno that is a bizzarre view. yes, they sent to us the goods/services they didn't want in exchange for the usa-dollar-denominated assets they wanted. that...
4514
Henry C.K. Liu
hliu@...
Oct 2, 2001 4:12 am
History does repeat itself, though never with the same specific details. I do not know whether religious fundamentalism is fascist, suffice to say that the...
4515
Arno Mong Daastoel
am@...
Oct 2, 2001 5:03 am
Wendell Solomons, Colombo, Sri Lanka, has a letter that should be directed to our UK members, concerning the Bank of England (I have added something on ... ...
4516
Arno Mong Daastoel
am@...
Oct 2, 2001 6:35 am
As I have been warning the past 7 years (since 1994) (On the other hand they did make some gains in this period too, so the net loss is small): Since June, in...
4517
Ggard97342@...
Oct 2, 2001 6:44 am
30 September 2001 Geoffrey to Stephen, Irrelevant titbit from our Highland Tour. A museum on Skye assures the public that Bank of England notes are not legal ...
4518
Arno Mong Daastoel
am@...
Oct 2, 2001 7:31 am
Gang8sters: I heard and taped a 20 min. interview with Erik Reinert on the national radio Sunday morning, concerning poverty as a reason for terrorism. He ...
4519
ChrisOfDulwich@...
Oct 2, 2001 8:00 am
. Dear Gang: I missed out on all the correspondence which led to the "Mission Statement" - whatever that is - but I would sound a word of warning about what I...
4520
Hudsonmi@...
Oct 2, 2001 1:09 pm
Dear Chris, I see you've become a Marxist after all. In Darkness at Noon, Koestler describes how the Nazi's kept breaking up Communist cells. "How did you find...
4522
Hudsonmi@...
Oct 2, 2001 1:23 pm
In a message dated 10/2/01 2:36:23 AM Eastern Daylight Time, am@... ... Dear Arno, How do you LOSE money on bonds? The bond market's been soaring. It ...
4523
Hudsonmi@...
Oct 2, 2001 1:37 pm
Dear Arno, Norway's Oil Fund exports oil. Oil prices have been soaring for the past year, until quite recently. While stock markets have been declining since...
