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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Tuesday, July 9, 2013
circuit — Does the concentration of finance matter?
"Does the concentration of finance matter?" Yes, and now there is a study showing how by acting through the investment channel.
That herd behavior is also illustrated in the chart on one of Roger Mitchell's recent posts:
ReplyDeletehttp://mythfighter.com/2013/06/28/graphic-proof-how-the-biggest-banks-caused-the-recession/