Monthly Archives: November 2012

Mike again ;)

Posted in Uncategorized |

China hates QE

This was my suspicion back in maybe May, 2011 when Bernanke made his strong dollar speech after China had let their T bill portfolio run off after the Fed had begun QE1. Either China doesn’t understand QE or they are … Continue reading

Posted in Bonds, CBs, China |

Manifesto

Congrats to Paolo Barnard who has published this manifesto based on the principles in ‘Soft Currency Economics’ and what is now known as MMT! Wish I could read Italian! NON ERAVAMO I PIIGS. TORNEREMO ITALIA

Posted in Uncategorized | Tagged , |

Italian article this am

Misrepresents what I say a bit, but they do have my picture next to JFK! ;) The IMF: sovereign currency, no longer the monopoly of the banks Eliminate the public debt of the United States at once, and do the … Continue reading

Posted in Banking, Currencies, EU, Government Spending | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

yen intervention?

Seems this is what these charts would look like if Japan was selling yen to buy dollars and euro to support their exporters?

Posted in Currencies, Japan |

Huffpost comments!

So glad to see the comments in defense that are as right on as anything I could have written!

Posted in Uncategorized |

Israel Postpones Ground Assault to Give Talks a Chance

Israel doesn’t take the bait. The rocket attacks could have only been meant to trigger an invasion. Israel Postpones Ground Assault to Give Talks a Chance By Gwen Ackerman and Alisa Odenheimer November 20 (Bloomberg) — Israel postponed a decision … Continue reading

Posted in Uncategorized |

Keynes 1939 radio address

Posted in Employment |

Early Thought follow up… A follow up conversation with Warren Mosler

Please click here to listen to a conversation with Warren Mosler. We did an audio call with Warren in late June and he was spot on. So I thought it was a good time to circle back with him. Topics … Continue reading

Posted in China, Equities, EU, USA |

SCE was downloaded on a massive scale today

Posted in Books |