I am forwarding a new article by Bill on Social Security. Best wishes! Arno ... From: William Engdahl To: Arno Mong Daastoel Sent: Thursday, May 05, 2005 1:25...
050519Gardiner tp Gang The latest ISLET conference on "Labour in the Ancient World" was most enjoyable even though at least two people Michael had hoped would...
Geoffrey Gardiner
geoffrey.gardiner@...
May 19, 2005 8:53 am
10419
The heat increases. Arno http://www.iht.com/articles/2005/05/24/business/oecd.php OECD gives warning on China's dollar peg By Brian Childs International Herald...
050525 Gardiner to Hudson, via Gang 8, copies to Richard Werner, Randy Wray and Philip Arestis Richard Werner's book. Dear Michael, Judging by the rate you...
Geoffrey Gardiner
geoffrey.gardiner@...
May 25, 2005 10:13 am
10421
Geoffrey, As always, your analysis is splendidly learned and wise - and at the same time practical and down to earth. If you have time, I would especially like...
Geoffrey, As always, your analysis is splendidly learned and wise - and at the same time practical and down to earth. If you have time, I would especially like...
Dear Richard, As I understand the general thrust of your argument, I think you are right. (Like most of us, I tend to believe that "right" is what accords with...
Re. Richard's point: it is not the price of money (interest) which is key, but its quantity. Comment: Indeed! And, in the mainstream view of things, the...
. Gunnar writes: In my view, the essence - as distinct from the politics and enforcement - of such an alternative mechanism is straight-forward: The world's...
Chris Cook has again written a brilliant article - on the problems of energy AND the global monetary system: Chris is a former director of the London based...
Chris, almost ALL bank credit is in your terms inflationary, not productive. Banks don't make loans to create new means of production. They lend against assets...
Hudsonmi@...
May 27, 2005 12:43 pm
10428
FYI. Arno www.atimes.com/atimes/Global_Economy/GE26Dj02.html May 26, 2005 The real problems with $50 oil By Henry C K Liu After oil prices peaked above US$58 a...
MessageJohn, Good point. I was thinking somewhat in the same line: An expansion in oil production would then cause a boom? And what about e.g. nuclear energy? ...
... Good points indeed, which is why I advocate an amount of energy (not Oil, Gas etc) as a "Value Unit", since oil, gas, electricity etc can all be...
Gavin, It seems to me that your are repeating yourself with this "one medicine solves all illnesses" solution. - A new version of snake oil? Arno ... From:...
Dear Bill, Does this interest you? Michael Guest Commentary, by Richard Duncan How Japan financed global reflation May 17, 2005 Richard Duncan is a financial...
Hudsonmi@...
May 31, 2005 12:26 pm
10433
This is fascinating stuff. Most of us could have little or no idea of what might be going on, in the various national and international financial institutions,...
Henry, Your article on article on Germany 1933-2004 was very interesting, in particular the section on German economic policy after 1933. (The policies and...
Yesterday I recorded a commentary on the pension problem for the CBC. I'm told it's their lead item on cbc.ca/commentary and they include a voice transcription...
Hudsonmi@...
Jun 2, 2005 12:28 pm
10436
The New York Times (front page, as well as right-winger David Brooks' op-ed) make the amazing claim that the NO vote by the Dutch and French are a rejection of...
Hudsonmi@...
Jun 2, 2005 3:09 pm
10437
I should have simply copied what I said (forget my voice). Michael Hudson cbc.ca/commentary 2/6/05 <A...
Hudsonmi@...
Jun 2, 2005 5:47 pm
10438
The emphatic Dutch "No" may have raised the French "No" to the status of a gathering "people's revolt." The fascinating prospect now is that it might...
New release: http://michael-hudson.com/articles/financial/0504SocialSecurityWallStreet.html THE $4.7 TRILLION PYRAMID. Why Social Security won't be enough to...
A brilliant piece, timely and convincing. In addition, of course, its essence applies to pension/superannuation schemes in countries other than the United...
MessageJohn, You are quite right. "The people" are rarely able to identify what is wrong or come up with a workable alternative. Most of the time, they just...
050606 Gardiner to Daastoel Dear Arno, Although I prepared a PDF version of Towards True Monetarism for the web site I regret I cannot send it yet. Randy and...
Geoffrey Gardiner
geoffrey.gardiner@...
Jun 6, 2005 11:35 am
10444
Michael, I have been reading an article in "Current World Archaeology" about research at the mines at Laurion. One interesting fact is that the quality of the...
Geoffrey Gardiner
geoffrey.gardiner@...
Jun 6, 2005 11:43 am
10445
Michael, the idea that directors should not be the ones to decide the investm,ent of retained profits was a them of the journalist Harold Wincott, yonks ago....
