IMO, interest rates are too low.
But today can we not just print (electronically) the cash needed for government operations each year based upon a fixed percentage of cupon descuento knockaround españa private sector GDP?
HotFlash, October 2, 2018 at 12:14 pm No no!
In their view, the Bretton Woods system could have continued indefinitely.But anyway I thought quality held true in both cases, so what agenda threatened the quality of fiat at onset.One way this could all work out is that a shadow bankmoney market funding of capital market lendingacquires the security and uses it as collateral for wholesale money market borrowing from Chase.What happens is you merge the Happy Flower High Tech Company into some defunct company and you rename the old company with the Chinese name.It would break down and reset asset prices to more realistic levels-no more 12 million one-bedroom co-ops on the UES.Starting around 2001 our Fed, Treasury and gov't took on a weak dollar policy.Converting shadow money is akin to climbing a ladder that is gradually sinking: The faster one climbs, the more it sinks.These Bail-Ins allow failing G-sifi banks to legally convert the funds of "unsecured creditors" (that's you) into bank capital (that's them).He points out that in the up phase, there's this wonderful period where both the fraudsters and the defrauded think they're getting richer.In any case, when discussing inflation you cannot put the fiat currency cart before the energy horse.
Thanks for once again proving what we all have known from the beginning - you are incredibly clueless.
So Grandpa had to make cash crops.
There are clear signs of inflation in financial assets (stocks, bonds) and food prices in 2013.
Exhibit 2 below shows that 10-year tips, or "real" Treasury yields have moved in the same direction as equity market returns.Somecallmetim, October 2, 2018 at 12:51 pm NC?A fiat currency is based on faith and confidence, and the monetary magicians can hardly show their hand, directly monetizing debt without any independent restraint, for fear of provoking a panic, first at the fringes and then at the core of the nation, or empire.But if this is the case, then why can't we depict the solution in the following way?There are many other issues that can be (often are) included, most importantly environmental concerns and inequality, gender and race/ethnicity.That is my short list of what MMT ought to include.Rodger Malcolm Mitchell, October 2, 2018 at 3:41 pm "Taxes or other obligations (fees, fines, tribute, tithes) drive the currency." Specifically, what does "drive" mean?As I see it, the combination of intellectual hubris and a relentless determination by central bankers and politicians to beat the.0 rap, as well as an increasingly contagious urge to embrace all manner of fiscal insanity, suggest we are nearing the point where.The Spaniards, Italians and Portuguese may not run to the banks today or tomorrow, but as soon as the crisis intensifies in a euro-zone country, the bank customers will remember Cyprus.You are remarkably confused to imply that when the gov't borrows money that the Fed creates out of thin air private savings are created.Wukchumni, October 2, 2018 at 10:13 am The only way the gold standard returns, is if it's forced on the world on account of massive fraud in terms of fiat money, but that'll never happen.Clearly wages are not up, housing costs are down, etc.We saw a real stepped-up effort to go after the bad guys.With oil above 100 per barrel, many components of the infrastructure of modern world are unprofitable to operate.