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 same with Great Britain, Italy, Germany, Japan, Greece. At the same time revive the ‘ […]
Tag Archives: Financial Times
And the Wolf responds..
[Skip to the end] (email exchange – in response to previous email) > > On Thu, Jan 15, 2009 at 5:09 PM, Martin Wolf wrote: > > > Inflation is default. > I respectfully do not agree. Default is failure to make payment as agreed. There is no zero inflation contract. In fact, most every currency […]
FT.com The Economists’ Forum: Why Washington’s rescue cannot end the crisis story
Why Washington’s rescue cannot end the crisis story by Martin Wolf Last week’s column on the views of New York University’s Nouriel Roubini (February 20) evoked sharply contrasting responses: optimists argued he was ludicrously pessimistic; pessimists insisted he was ridiculously optimistic. I am closer to the optimists: the analysis suggested a highly plausible worst case […]
Saudis are Necessarily in Position of Price-Setter
Published November 16, 2007 in the Financial Times From Mr Warren Mosler. Sir, Adrian Binks’ letter “Oil price conspiracy theories get in the way of factsâ€ÂÂ(November 14) is precisely the response indicated in my letter (November 12); in this case from an energy information service. While Mr Binks’ statements are indeed factual, the institutional structure […]