Showing posts with label paradox of savings. Show all posts
Showing posts with label paradox of savings. Show all posts
Thursday, June 05, 2014

The ECB Takes Keynesianism to the Limits via Negative Deposit rates

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I find it quite ridiculous for the mainstream to claim that the Eurozone has been experiencing a ‘recovery’ when the financial-banking indu...
Thursday, May 15, 2014

Quote of the Day: Negative Deposit Rates Represents Savings Confiscation

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“Negative deposit rates” means that the banks will charge the customer for saving money and placing it in the bank.  According to Keynesia...
Thursday, December 27, 2012

Quote of the Day: Nobody is More Generous than the Miser

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In this whole world, there is nobody more generous than the miser—the man who could deplete the world’s resources but chooses not to. The ...
Monday, October 08, 2012

Quote of the Day: Spending Isn’t Production

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If we take a step back and think about it, it’s obvious that spending per se isn’t the source of economic benefits. It’s easy to spend. If...
Sunday, January 11, 2009

Sovereign Debt The New Ponzi Finance?

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``I have no sympathy for Madoff. But the fact is his alleged Ponzi scheme was only slightly more outrageous than the 'legal' sche...
Sunday, November 23, 2008

Consumer Deflation: The New Fashion

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``All the major institutions in the world trying to deleverage. And we want them to deleverage, but they’re trying to deleverage at the same...