tag:blogger.com,1999:blog-3622225605650065211.post1427617357300831630..comments2024-02-15T03:13:49.505-08:00Comments on Economic Policy Advice for Barack Obama: Summers Dead Wrong on Cause of CrisisUnknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-3622225605650065211.post-60486952619882109542015-01-12T01:15:20.711-08:002015-01-12T01:15:20.711-08:00Cung cấp collagen chính hãng an toàn và chất lượng...Cung cấp collagen chính hãng an toàn và chất lượng từ các nhà cung cấp dịch vụ tốt nhất <a href="http://muathuoctot.com/hanamai-collagen-tea-japan-collagen-tra-xanh-nhat-ban-giup-lam-sang-va-chong-lao-hoa-da-30-goi-313.html" rel="nofollow">green tea collagen</a><br /><a href="http://muathuoctot.com/fish-collagen-hanamai-collagen-ca-lam-dep-da-va-toc-30-goi-1500mg-314.html" rel="nofollow">fish collagen</a><br /><a href="http://muathuoctot.com/collagen-de-happy-collagen-dang-nuoc-giup-ngan-chan-qua-trinh-lao-hoa-co-the-10000-mg-492.html" rel="nofollow">collagen de happy</a><br /><a href="http://muathuoctot.com/collagen-enriched-shiseido-nuoc-uong-bo-sung-collagen-50-mg-493.html" rel="nofollow">collagen shiseido enriched</a><br /><a href="http://muathuoctot.com/nitta-gelatin-collagenaid-200g-bot-bo-sung-collagen-giup-tre-hoa-lan-da-200-gram-642.html" rel="nofollow">collagen nitta</a><br /><a href="http://muathuoctot.com/maihada-collagen-nhat-ban-thuoc-giup-da-san-chac-giu-am-va-xoa-mun-hieu-qua180-vien-563.html" rel="nofollow">Maihada collagen</a><br />Thach Nguyenhttps://www.blogger.com/profile/16607448847623709721noreply@blogger.comtag:blogger.com,1999:blog-3622225605650065211.post-55515924422325750832009-12-18T17:43:41.378-08:002009-12-18T17:43:41.378-08:00In a recent paper, Vernon Smith and I discuss the ...In a recent paper, Vernon Smith and I discuss the conflict that the CFTC had with the Treasury (Rubin and Summers), the Fed (Greenspan), the SEC (a now repentant Arthur Levitt). Rather than rewriting our argument that Summers played a pivotal role in creating the crisis, I'll just point to pages 285-287 in the article, which is available at http://www.chapman.edu/images/userImages/mattmill/Page_12352/GjerstadSmith_CR_2009.pdfSteve Gjerstadhttp://www.chapman.edu/images/userImages/mattmill/Page_12352/GjerstadSmith_CR_2009.pdfnoreply@blogger.comtag:blogger.com,1999:blog-3622225605650065211.post-54385925826684382962009-11-24T17:53:48.559-08:002009-11-24T17:53:48.559-08:00I hadn't known about Summer's Gibson's...I hadn't known about Summer's Gibson's Paradox paper. I definitely need to read more of Summers' "hundreds of academic papers"... <br /><br />Thanks for the tip.<br /><br />-TVAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3622225605650065211.post-69896420398557597602009-11-24T17:44:07.836-08:002009-11-24T17:44:07.836-08:00What does Obama's submissiveness toward Summer...What does Obama's submissiveness toward Summers say about Obama?<br /><br />And yes,that woman was probably fired as being too "uppity."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3622225605650065211.post-22128259376008240162009-11-24T12:27:28.316-08:002009-11-24T12:27:28.316-08:00Hey, don't forget about his paper while he was...Hey, don't forget about his paper while he was at harvard many years ago wherein he solved Gibson's Paradox regarding gold and interest rates. This paper details the reason for the suppression of gold to keep real rates lower than would otherwise be required by the market. He proved that rising real rates correlate with a rising gold price - and conversely dropping gold and a lowering of the real rate.Unknownhttps://www.blogger.com/profile/05398417065456958705noreply@blogger.comtag:blogger.com,1999:blog-3622225605650065211.post-26559985626875301992009-11-24T11:49:10.592-08:002009-11-24T11:49:10.592-08:00Finally! A website devoted to a cause I can supp...Finally! A website devoted to a cause I can support with all my heart.<br /><br />The first year of the Obambi presidency can never be reclaimed, but getting rid of this stooge would be an excellent step for the new year!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3622225605650065211.post-89795756830548328322009-11-24T11:18:48.326-08:002009-11-24T11:18:48.326-08:00The Fed is trying to increase the money supply, th...The Fed is trying to increase the money supply, they just don't know how it's done. The money multiplier is supposed to mean that capital in the banks splits 8-to-1. Instead capital in the banks has been building up.<br /><br />I believe it is true that M0 is actually greater than M1 at this time. Absent action on incomes, it's all downhill from here.Alanhttps://www.blogger.com/profile/07323700324276425194noreply@blogger.comtag:blogger.com,1999:blog-3622225605650065211.post-82843516849936809112009-11-24T11:17:38.216-08:002009-11-24T11:17:38.216-08:00Thank you and Thank you! Don't let up on the ...Thank you and Thank you! Don't let up on the chief perpetrators/enablers of this historic theft!That Guynoreply@blogger.comtag:blogger.com,1999:blog-3622225605650065211.post-40725621856044873502009-11-24T10:24:46.905-08:002009-11-24T10:24:46.905-08:00Finally, a site-specific discussion about a key fi...Finally, a site-specific discussion about a key figure, whose footprints can be traced back to the beginning. His handprints were on the back of Brooksley Born when she raised concerns about derivatives, too. Is he a misogynist?Dug Graveshttp://www.idiggraves.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-3622225605650065211.post-28553512848188373782009-11-24T04:39:52.401-08:002009-11-24T04:39:52.401-08:00Summers is a credentialed stooge stuck in a FIRE e...Summers is a credentialed stooge stuck in a FIRE economy world-view. Larry, if you’re reading, here are some other things you might want to consider.<br /> <br />1) Introduction of Japanese ZIRP in the mid-90’s starting a massive carry trade; this set a lot of things in motion. Mercantilist currency policies in the Far East - dollar pegs, managed currency rates, etc.<br /><br />2) The Fed orchestrating a bailing out LTCM and providing monetary conditions supporting the late 90’s stock bubble. Too low interest rates for too long after the 2000 bust driving, among other things, a reach for yield (and risk). <br /><br />3) A pathological fear of recessions on the part of this country’s leadership. Let’s guarantee further imbalances and deeper hole for the future to avoid some pain now. Recessions are part of a capitalist system – get over it.<br /><br />4) A government sanctioned push for home ownership. Many new entrants did not know what they were getting into and were not ready. GSE standards were altered (lowered) to facilitate purchases by otherwise unqualified buyers.<br /><br />5) A failure of effective financial regulation. Too much to elaborate on here.<br /><br />6) Conflicted ratings from Moody’s, S&P and Fitch.Anonymousnoreply@blogger.com