An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, August 3, 2012
Warren Mosler — MMT on the immediate restoration of the US’s AAA rating
... all’s that’s needed is for the Fed to guarantee that all US obligations mature at 100.
Mainstream Economist: We Might Need to Hang Some Bankers to Stop Criminal Looting Posted on July 8, 2012 by WashingtonsBlog Even Nouriel Roubini Says We Need to Jail or Hang Some Bankers http://www.washingtonsblog.com/2012/07/mainstream-economist-we-might-need-to-hang-some-bankers-to-stop-illegal-behavior.html
Maybe if we get our AAA rating back rates will come down! LOL!!!!
ReplyDeleteOr better yet, why don’t the rating agencies downgrade us to junk. Then we can finally get rid of that last bit of risk premium in the 10yr.
Hold on, Mike. I want to get some puts S&P first!!!
ReplyDeleteMainstream Economist: We Might Need to Hang Some Bankers to Stop Criminal Looting
ReplyDeletePosted on July 8, 2012 by WashingtonsBlog
Even Nouriel Roubini Says We Need to Jail or Hang Some Bankers
http://www.washingtonsblog.com/2012/07/mainstream-economist-we-might-need-to-hang-some-bankers-to-stop-illegal-behavior.html
The Chinese approach. They actually do execute people for this and yet people do it anyway.
ReplyDelete