How Many Calories In Barbeque Sandwich

Nobel laureate Krugman: the USA in the liquidity trap

writes in today's issue of the International Herald Tribune the newly crowned Nobel laureate Paul Krugman, that according to the latest figures put the U.S. in a liquidity trap. A technical term from economics that says that and despite increased supply of cheap money, no positive impulses for the economy more. Liquidity is on checking accounts, money market accounts, time deposit accounts, and even at home under the mattress. The money does not flow in meaningful long-term investment and not for consumption. Prices are falling and people waiting to see whether the goods are not next month will be cheaper. Why buy now a Chevrolet with 50% discount if there is tomorrow 55% discount? The monetary policy of the U.S. central bank failed and now faces the same problem as the central bank of Japan. Although the interest rates at 1% and 0.3% in, nothing happens.

Paul Krugman recommends that the State debt to be stronger and the economy back going. That would be the next president Barack Obama to make it even more debt than the record holder George W. Bush. If he really follow this advice?

The idea that the state will be replaced with debt-financed investment and spending when the economy is in the downturn is attributed to John Maynard Keynes. If you read his 1934 book "The General Theory of Employment, Interest and Money," one finds in fact this proposal. Keynes has meant that the state is in bad times debt to pay back the debt in good times. The last 20 years have been mostly good years, yet the states have more and more debt. It has long been clear that no major state will ever repay his debts. The EU Treaty, a Verschuldungsgrenze von 60% des Bruttosozialprodukts festgelegt. Das heißt, dass ein Staat nicht mehr als 60% des Bruttosozialprodukts an Schulden aufnehmen darf. Eine durchaus sinnvolle Begrenzung, die gewährleistet, dass die EU sich nicht überschuldet und dadurch die Währung in Gefahr gerät. Im EU-Durchschnitt liegen wir derzeit bereits bei 67% und das nach einer insgesamt gesehen stetigen Aufwärtsentwicklung in der Wirtschaftsleistung. Ob John Maynard Keynes diese Art von Schuldenmachen gemeint hat? Was passiert, wenn die Wirtschaft die Grenzen des Wachstums erreicht und auf dem Niveau verharrt, das es erreicht hat? Wie sieht Keynes die Lösung?

Keynes war ein kluger Kopf und daher tut is it wrong to reduce it to the instrument of government debt. A second look at the original literature us forward: Keynes has extensively discussed the proposal Silvio Gesell, furnish the money with a cash delivery. As is the case in the Chiemgau. Quarterly rhythm loses the Chiemgau two percent in value. The liquidity is not around, but remains in constant motion. The Chiemgau is three times faster on the road as the euro. No Chiemgau-user retains the regional money or putting it in the short term. Instead, it is consumed regionally and long-term investments, for example, in the co-regional and regional star or in the Priener citizen solar power plant.

Der Hauptvorteil des umlaufgesicherten Geldes ist, dass sich keine Liquiditätsblasen aufbauen. Wenn nämlich das Geld in kurzfristgen Geldanlagen oder bar herumliegt, dann stagniert oder verschwindet Wirtschaftsleistung. Fähigkeiten und Talente bleiben ungenutzt. Dabei gäbe es genügend zu tun. Ökologisch sinnvolle Dinge zum Beispiel wie Häuser dämmen, Pellets-Heizungen einbauen, Solarkollektoren aufs Dach schrauben, Diesel-Autos auf regOel umrüsten und vieles mehr.

Während die große Politik die großen Banken rettet und unsere Steuergelder dem verbrannten Spekulationsgeld hinterherwirft, greifen wir zum Instrument der gemeinwohlorientierten and cooperative self-help. Here in our region Chiemgau it concerns us very well and will have it in hand, keep it that way.

Chiemgauer 2007

Granite Floor Stair Case

Exchange fireworks at the expense of the taxpayer

The rescue package for banks led on Monday, 13.10.2008 of the largest gains of all time. It is easy to put 500 billion euros on the table and thus to start a course fireworks. The good citizens of money thrown after the bad money of the speculators. It is argued with the constraint of a collapse of the financial system. The solution would be a lot easier by a tax on money and to achieve short-term deposits, that is, a progressive taxation M3 money supply. Cash would taxed at 6%, demand deposits with 5%, fixed-term until a year with 3% and assets under three years at 1%. Plants from three years would be exempt. The calculation is as for the current interest rate, merely that it would be a minus interest. This would result in an acceleration of money supply and a long-term perspective when investing money. The cost to taxpayers would be the increased cost money. The revenue would be returned on a per capita reimbursement to the citizens as a flat tax credit. The average taxpayer would not burdened by the tax money. If we compare the bailout with the tax money solution, it would citizens in the first case in the long term with the ruin of the currency € charged in the second case, the costs would be zero. Psychologically, it is of course pleasant to push the bill in the future and avoid the daily discomfort with the money.

Chiemgauer 2007

Whatsthe Combinationfor Counterfit

currency crisis in Hungary

After banking dominoes now it's down to business: A State crash after another. Yesterday Iceland, now Hungary. Too much debt, printed too much money. Always the same scheme. Rather than secure the circulation of money consistently, economists are calling for debt programs. In the time give 13 economists rather conventional solutions on its own, which unfortunately is not the root causes . Point Most want to produce even more of the same problems, namely, providing even more debt by so-called economic stimulus packages in the 70s.

One of the economists, Professor Buiter from the London School of Economics, would actually much more on the box: For Japan, he has proposed a cash tax on the cash and quarreled with a Japanese professor, whether the debt securities of the State should impose a monetary tax. The ideas were taken up by central banks not long ago realized the idea of \u200b\u200bcirculating backed tax money has long been the Chiemgau.

Chiemgauer 2007

Calories In Bean Soup

Global Bubblegum

to the bursting speculative bubbles I've already a lecture at the Technical University of Munich in 2006 publicly warned. For the first time I read about it had in 1990 with Paul C. Martin in the book "When will the national bankruptcy".

After Iceland has now closed down almost the stores, I had to smile a little. Unfortunately, it is the case then it hang too serious and too many stories of such failures.

worth reading In such times, the "upward without end", also by Paul C. Martin.

"To make the banks: If money is missing somewhere, they just do it - by purchasing bank deposits or government securities of other countries and thus increase their foreign-currency reserves ...

Den Notenbanken geht's wie Goethes Zauberlehrling. Nachdem sie einmal das vermaledeite Wort gesprochen, dreht sich alles immer schneller. Und lässt sich nicht mehr stoppen. Es sei denn durch den Knall, den keiner will."

Die Alternative ist dagegen ganz einfach: Stabilisiere die Umlaufgeschwindigkeit auf einem stetig hohen Niveau. Komplementärwährungen erleben derzeit wieder einen Boom, weil sie durch die Menschen auf die Bedürfnisse der Menschen zugeschnitten werden.

Was wäre wohl, wenn eine Regiogeld-Initiative von den vielen Milliarden, die in die Notenbanken fließen, lediglich eine Million zum Arbeiten erhalten würde? Meine Prognose wäre, dass eine Million für Regionalgeld mehr bringt als eine Milliarde zum Stopfen von Spekulationslöchern!

Chiemgauer 2007

How To Record Voices On The Xbox With

Salami Crash: No one looks at the causes

Im Forbes Magazine vom 6.10. lese ich gerade einen Artikel "Cut To 1% - Now!" von Brian S. Wesbury and Bob Stein:

"In terms of monetary theory, what we are seeing is a rapid, and historically unprecedented, drop in the velocity of money--how many times money turns over. The money equation MV=PQ, is at the root of our analysis. Money x Velocity = Prices x Quantity (nominal GDP).

Typically, the velocity of money is relatively stable. Changes in money growth cause changes in economic activity. But monetary ease, which began last September, should be lifting economic activity right now, and the opposite is happening. As a result, it is now that was our fear and panic are causing a drop in money turnover, or velocity. There are only two

ways to offset this problem - end the drop in velocity by stopping the panic, or boost money (M). Since there is no way of knowing Whether velocity will pick up soon, then it is now important for the Fed to boost money growth as rapidly as possible. "


After all, the economists look again at the current rate but get a false conclusions should be. really be the expansion of the money bubble the answer? The money bubble is but the cause of the whole problem. The only solution is the direct increase in the velocity V and continuous assurance. At the Chiemgau this problem is already solved by such a simple measure such as the brand adhesive every three months. The current rate is three times higher than that of the €.

There is a third way of solution: To increase the velocity by a demurrage fee. The Chiemgau money is three times faster than the Euro. The reason is the negative interest rate. Nobody wants to keep Chiemgauer because you have to pick stamps every three months.

Chiemgauer 2007