Skip to main content

Manny C's Library tagged inflation   View Popular

22 Nov 09

Société Générale tells clients how to prepare for 'global collapse' - Telegraph

  • Even if the US
    savings rate stabilises at 7pc, and all of it is used to pay down debt, it
    will still take nine years for households to reduce debt/income ratios to
    the safe levels of the 1980s.
15 Jul 09

FT.com / Comment / Opinion - Time to tackle the real evil: too much debt

  • Our view is that government policies worldwide are causing more instability rather than curing the trouble in the system.
  • First, debt and leverage cause fragility; they leave less room for errors
  • 4 more annotations...
18 Apr 09

Economic View - It May Be Time for the Fed to Go Negative - News Analysis - NYTimes.com

  • Fed were to announce that, a year from today, it would pick a digit from zero to 9 out of a hat. All currency with a serial number ending in that digit would no longer be legal tender. Suddenly, the expected return to holding currency would become negative 10 percent
  • In the late 19th century, the German economist Silvio Gesell argued for a tax on holding money. He was concerned that during times of financial stress, people hoard money rather than lend it. John Maynard Keynes approvingly cited the idea of a carrying tax on money
  • 1 more annotations...
1 - 14 of 14
Showing 20 items per page

Highlighter, Sticky notes, Tagging, Groups and Network: integrated suite dramatically boosting research productivity. Learn more »

Join Diigo