IntenseDebate - EconoMonitors

10 years ago @ Ed Dolan's Econ Blog - How Is Inequality Link... · 0 replies · +2 points

Hey, there are some really good points in this article.. very interesting as well!

13 years ago @ EconoMonitor - Roubini.com Is Looking... · 0 replies · +1 points

Noted, thanks Jack.

13 years ago @ EconoMonitor - Roubini.com Is Looking... · 0 replies · +1 points

The listing applies until the position is filled, and is open-ended at this time.

13 years ago @ Ed Dolan's Econ Blog - Green Illusions: The L... · 0 replies · +1 points

block IP

13 years ago @ Ed Dolan's Econ Blog - CPI Unchanged on Falli... · 0 replies · +1 points

block IP

13 years ago @ The Wilder View - National Saving Rates ... · 0 replies · +1 points

block

13 years ago @ Great Leap Forward - DEMYSTIFYING QUANTITAT... · 0 replies · +1 points

Pete: Yes, I'm sure; and he was the one who used the term (possibly invented it, I don't know): euthanize the rentier, defined as reducing risk free rates to zero so that there would be NO RETURN (zip, nada) to holding highly liquid assets. I might be responsible but I can assure you my IOUs are NOT risk-free! Anyway, you (and all other readers) should read Chapter 24 of Keynes's General Theory. It is fun reading, not highly technical, a masterpiece. (L. Randall Wray)

13 years ago @ Great Leap Forward - DEMYSTIFYING QUANTITAT... · 0 replies · +2 points

Charley: not sure why your comment did not go through as it looks like it was approved. In any case, Yes Fed could forgive the mortgage debt on the trashy MBS's it owned. The process could be difficult, and it will force Fed to take complete loss on these--reducing its profitability. That is not an economic concern but could be a political concern. (L. Randall Wray)

13 years ago @ Great Leap Forward - MMT, ARGENTINA, AND VI... · 0 replies · +2 points

All: in response to popular request the settings for comments are undergoing changes. There will be light moderation of comments. Vitriolic name calling won't be permitted, so some posts will be refused and/or deleted. Right now I do not understand the moderating system but with luck will figure it out over the next few days with help from Economonitor staff who will be implementing the moderation.

IntenseDebate Comment System

Connect with EconoMonitors

My blogs/sites

People I'm following

EconoMonitors