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Search Results for: inflation
The Kamikaze Economics and Politics of Forcing Austerity on the Ukraine
By William K. Black We all understand why Russia is waging economic war on the Ukraine, but why is Obama doing so? The New York Time’ web site has posted a remarkable Reuters story (dated April 5, 2014) entitled “Ukraine … Continue reading
Three Passages From Akerlof & Romer’s 1993 Article That Should Have Prevented The Crisis
By William K. Black This is the first installment of a series of articles about the media, finance industry, political, and Department of Justice (DOJ) reaction to Michael Lewis’ new book about high frequency trading (HFT). The media ballyhooed the … Continue reading
The New York Time’s Disgraceful Reporting about Deflation
By William K. Black This is the third and final installment of a series of columns discussing the latest harmful policies and articles about eurozone deflation. This column discusses the March 31, 2014 article in the New York Times entitled … Continue reading
Dr. Draghi Prescribes a Dose of Deflation for Spain as his latest Quack Cure
By William K. Black I posted an article earlier today on the demented memes about eurozone deflation U.S. financial journalists parrot after talking to Brussels’ troika-trolls. That article used the latest AP story to illustrate my points. I promised a … Continue reading
Posted in William K. Black
Tagged Austerity Doctrine, ECB, France, Italy, mario draghi, spain
Deflation Dementia
By William K. Black There must be some café in Brussels where all the most inept U.S. financial journalists meet with the troika-trolls to get their take on eurozone deflation. Regular readers know that I am a strong critic of much … Continue reading
MODERN MONEY IN SIX SHORT VIDEOS
By L. Randall Wray I recently did an interview for Euro Truffa on six topics related to Modern Money – MMT. They are transcribing my interview to Italian and putting up the videos (I think that only two are up … Continue reading
When You Really Look, Financial Quicksand Turns Into Oligarchical BS
By Joe Firestone Abby Huntsman’s first rant about entitlements soliciting generational warfare got a lot of pushback from defenders. I reviewed the main points made in defense of entitlements, and then added “the most important point of all” as well. … Continue reading
An Open Letter to Don Beyer, VA – 8th Candidate for Congress
By Joe Firestone My Congressman, Jim Moran, is retiring this year and his seat is up for grabs in the VA – 8th Congressional District. This is a solidly blue district made even more solid by the Republican gerrymander following … Continue reading
Rescuing the 1%
By J.D. ALT In an earlier essay I suggested we just forget the 1%. This was an idea not entirely supported by the commentary that followed. On reflection, I’ve decided it isn’t the right approach after all. What we really … Continue reading
Still Not Over: CPC Update
By Joe Firestone The Congressional Progressive Caucus (CPC) recently issued its “Better Off Budget” document as an alternative to the White House/OMB document, and the coming House budget document, a Republican/conservative alternative. The “Better Off Budget” has received enthusiastic evaluations … Continue reading