Anthony, Interest existed before banks. Interest rates are now at the lowest levels in at least 60 years. In Japan, where debt levels are even higher as a percentage of GDP than in the US, long-t...
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-3468
You want rising prices David. The normal method is to debase currency by printing more of it. But if your currency is based on debt, bearing interest, capital costs in the economy will rise with ...
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-3459
Anthony, Sorry, but I can't follow a word of what you are saying.
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-3443
How are prices to rise in the economy? If you have a Greenback, you can just print some more. If your money is debt, you can't inflate your way out of it. Every new dollar is a new debt. Worse: e...
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-3411
Peter, Are you suggesting that the euro fall in value relative to the dollar? The question is how that comes about. Both Europe and the US need rising prices. It would be a disaster for both the ...
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-3298
Are we focussing too much on the western economic and financial situation just a wee bit too narrowly? Monetary trend analysis and historical economic comparisons from policies emanating from the...
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-3243
Benjamin, So I did, thanks for giving me a target. It was an opportunity worth waiting for.
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-3052
experienced a rapid deflation and a big drop in industrial production in the early 1930s. In my post last week about the analysis of the Deutsche Bank comparing the euro crisis to the 1930s gold...
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-3013
David--Lars Christensen has posted a guest blog by me. Read and critique away! This is your chance to get even. :)
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-2970
Steve, Thanks for the link, I will have a look at the paper and hope that it will trigger some sort of intelligent response on my part.
https://uneasymoney.com/2011/12/14/deutsche-bank-gets-it-why-cant-mrs-merkel/#comment-2965