« More Naked Short Selling Gnomes And The DTCC | Main | Living Inside The Economic Volcano With Angry Gods »



the expansion of the monetary base isn't necessarily inflationary. if commercial banks refuse to lend (or borrowers refuse to borrow), this newly created "money" stays with the commercial banks as reserves. it has to go into circulation to be multiplied and cause inflation. many anecdotal reports of banks hoarding, rather than lending. equally i see mention from john doerr that total global financial assets have declined 40% recently:


i think what we're seeing is the bankers parasitising the real economy (making stuff that people use) again to such an extent that they are killing it. they last did this in 1345, took the world 200 years to recover, population wise. now again we're in the position that financial assets are 4 times the size of the real world economy (before that 40% fall, anyway).


serious stuff... plaster topics are pretty sobering. In case you're interested, here's

some neat information aboutCredit

Solutions of America I found helpful

Public Administration Dissertation

Blogs are so informative where we get lots of information on any topic. Nice job keep it up!!


The photo perfectly reflects the situation!

Sophie Kinsella


I was just going through your site "http://elainemeinelsupkis.typepad.com/" and I really found it interesting and informative. I am a content writer and I write articles on various topics of Finances. I really liked the way you have presented your site.

I would request you to give me an opportunity to write an article on any financial topic as a “Guest Writer” for my personal finance blog. It would be great to be a part of reputed site like yours :)

The article will be 100% original and will be published only on your site and I will not charge you a single penny for this.

Please let me know if you agree on this.

Thanks & Regards
Sophie Kinsella
Facebook Profile:http://www.facebook.com/#!/profile.php?id=100002095819547

Canada Goose Jakker

Your job is to deliver each sentence to the best of your ability.

Discount Red Bottom shoes

A man may dig his grave with his teeth.

Red Bottom shoes outlet

Sweet are uses of adversity.

Beats by Dr Dre

He knows most who speaks least.

Canada Goose Parka sale

That sort of defeats are only stipping-stones.

The comments to this entry are closed.