by Summary:
Banks, Ponzi Schemes, and Bubbles
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Steve Keen considers the following as important:
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Banks, Ponzi Schemes, and Bubbles
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
| Banks, Ponzi Schemes, and Bubbles |
It is dissapointing that the real estate title transfer tax ballot initiative failed in Chicago.
Glad to see you on George's Gammon's show. Take care my friend. Your french Bordeaux friend.
Private Equity is a huge driver of price inflation. They buy up enough of specific markets to control prices, which they are actively doing. Beyond this, an economic school that relies on mendacity as its method of persuasion, and whose policy advice just happens to aid wealth consolidation, deserves slightly more charged characterization. Every economic downturn has bloated the wealth and power of the very richest people. Guess who pays for politicians? It's not banks.