Tuesday , November 12 2024
Home / Mike Norman Economics / Bill Mitchell — Repeat after me: Central banks can make large losses and who would care

Bill Mitchell — Repeat after me: Central banks can make large losses and who would care

Summary:
It’s Wednesday and I have a lot on today. I was scanning some transcripts from the European Parliament today as part of a project I am embarking on to update my 2015 book – Eurozone Dystopia: Groupthink and Denial on a Grand Scale (published May 2015). I have had lots of requests (including from publishers) to provide a revised version to take into account events since 2015, include Brexit and the pandemic. So my head is back in transcripts, hansard reports, and other official documents to create the trail of evidence I need to make the continued case against the monetary union and the EU, in general. I report today on a particularly interesting exchange that appeared in November 2020 in the European Parliament. And then we have some great harmonica playing....Bill Mitchell – billy

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Svensk universitetsutbildning — ett skämt!

Lars Pålsson Syll writes Modern monetär teori

Editor writes Making America Great Again, 2024

Merijn T. Knibbe writes Völkermord in Gaza. Two million deaths are in the cards.

It’s Wednesday and I have a lot on today. I was scanning some transcripts from the European Parliament today as part of a project I am embarking on to update my 2015 book – Eurozone Dystopia: Groupthink and Denial on a Grand Scale (published May 2015). I have had lots of requests (including from publishers) to provide a revised version to take into account events since 2015, include Brexit and the pandemic. So my head is back in transcripts, hansard reports, and other official documents to create the trail of evidence I need to make the continued case against the monetary union and the EU, in general. I report today on a particularly interesting exchange that appeared in November 2020 in the European Parliament. And then we have some great harmonica playing....
Bill Mitchell – billy blog
Repeat after me: Central banks can make large losses and who would care
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
http://bilbo.economicoutlook.net/blog/?p=49228
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *