IS-LMandEndogenousMoney http://feedly.com/k/HNylxF An interesting discussion here from Steve Keen on loanable funds versus endogenous money in economic models, and a recent comment by Paul Krugman about IS-LM and endogenous money: SteveKeen, “IS–LM (withendogenousmoney),” Debtwatch, November 5, 2013. shared via http://feedly.com Seguir leyendo IS-LM and Endogenous Money

As BitcoinPlunges 25% OnGovernmentScrutiny, TheFirstBTC "FairValue" Reco Has A StunningPriceTarget http://feedly.com/k/HOIASB It took literally minutes following ourreportfromyesterdaythat in addition to the ECB and Fed, it was the Senate’s turn to finally shine the spotlight on the most notorious electronic currency with a hearing titled "BeyondSilkRoad: PotentialRisks, Threats, andPromisesof Virtual Currencies" next Monday, for Bitcoin to tumble 25% from its all time high just shy of … Seguir leyendo As Bitcoin Plunges 25% On Government Scrutiny, The First BTC “Fair Value” Reco Has A Stunning Price Target

TyphoonDeathCountSurpasses 10,000; People "WalkLikeZombiesLookingForFood; MartialLawImminent http://feedly.com/k/19RTu3M When we previewedtheinitial"massive devastation" aftermath of typhoon Haiyan yesterday, when the casualties resulting from the strongest storm to ever make landfall were "only" 1200, we had a feelilng that the final tally would be far worse. And so it is: a day later, the incoming reports confirm that by the time the final death toll is calculated it will … Seguir leyendo Typhoon Death Count Surpasses 10,000; People “Walk Like Zombies Looking For Food; Martial Law Imminent

Böhm-Bawerkhad No TheoryofAdministeredPrices http://feedly.com/k/1bpVPla Occasionally Austrian economists or internet Austrians assert that the theory of administered prices (whether normal cost, mark-up or target rate of return pricing) was actually anticipated or pioneered by Eugen von Böhm-Bawerk. It is alleged that The Positive Theoryof Capital was the source of this, but a reading of that book shows no such thing. Böhm-Bawerk had no theory of administered … Seguir leyendo Böhm-Bawerk had No Theory of Administered Prices

TheBadBreathoftheEurozone “Recovery” http://feedly.com/k/18ilrhk Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter There has been a symphony of calls for American investors to take their money, after the outsized gains in our gravity-defying stock market, and plow it into European stocks. Net inflows into European equity funds have been strong since April and have recently set all-time records. In October, allocation to Eurozone equities hit the highestlevelinoversixyears. Excitement was palpable … Seguir leyendo The Bad Breath of the Eurozone “Recovery”

SupertyphoonHaiyanLeavesOver 1,200 Dead: The "MassiveDestruction" InPhotosAndVideos http://feedly.com/k/1exEJGZ As reported yesterday, Typhoon Haiyan – potentially the strongest storm to ever make landfall, and stronger than Katrina and Sandy combined – has come and left the Philippines (currently heading for Vietnam), and now the time has come to evaluate the damage and count the dead. Sadly, as Reuters reports, the devastation is absolutely massive and especially in … Seguir leyendo Supertyphoon Haiyan Leaves Over 1,200 Dead: The “Massive Destruction” In Photos And Videos

As BitCoinTouches $400 TheSenateStartsSeekingAnswers… As DoesTheFed http://feedly.com/k/1ex9Vq3 Moments ago BitCoinhit $395, and will likely cross $400 in the immediate future (the chart looks a littlelessscaryinlogscale). So as more and more pile into the electronic currency, some due to ideological reasons, some simply to chase momentum, some out of disappointment with the manipulated gold price looking to park their savings in an alternative, non-fiat based currency, … Seguir leyendo As BitCoin Touches $400 The Senate Starts Seeking Answers… As Does The Fed

ChrisMartensonWarns "ThereIsNothing More ImportantThanUnderstandingThis…" http://feedly.com/k/16RJJkW Having watched [youtube http://youtube.com/w/?v=DyV0OfU3-FU][youtube http://youtube.com/w/?v=DyV0OfU3-FU], Part 2, Part 3, and Part 4 here), Chris Martenson discusses the critical aspects of the must-watch episodes. Crucially, as we enter a period of apparent Nirvanic equity markets (and dystopian ‘real’ economics), Martenson’s points on the "unnecessarily complex monetary system" that we have today are summed up by his statement that "thereisnothing more importantthatunderstandinghowourmoneysystemoperates… … Seguir leyendo Chris Martenson Warns “There Is Nothing More Important Than Understanding This…”

F*CKYouGooGLePLuS! http://feedly.com/k/HPndzE . What’s this about? Google are now forcing everyone with YouTube accounts to activate G+ accounts. Apparently, you can no longer comment there without signing in via a G+ account. I will move all of my video activity in the future to Vimeo. Try as they may, I have resisted this up until now. They have already been trying to shovel every gmail … Seguir leyendo F*CK You GooGLe PLuS!

No CountryForYoungMen http://feedly.com/k/18ikntY By Don Quijones: Despite a miraculous economic “recovery,” EU-wide youth unemployment hit 24%. New records were set in Spain (56.5%), Greece (57.3%), Italy (40%), and France (26%). The warnings from history are clear: governments that allow youth unemployment to escalate, do so at their own peril. shared via http://feedly.com Seguir leyendo No Country For Young Men