tag:blogger.com,1999:blog-1740670447258719504.post371518441615895039..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: Noahpinion on Nick Rowe and DebtEvanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1740670447258719504.post-76454159188368477562012-01-07T04:16:06.189-05:002012-01-07T04:16:06.189-05:00vimothy
my point is a different one. What I am s...vimothy<br /><br />my point is a different one. What I am showing is that the Ricardian equivalence is false, for it does not apply to private debt.<br /><br />AS Keen and many others have explained, private debt permits economic expansion (what must be avoided is a private debt bubble)<br /><br />if true, the same would hold true for public debtAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-37806241110060955512012-01-07T04:11:22.145-05:002012-01-07T04:11:22.145-05:00Edwin Herdman
get serious dude
if private banks ...Edwin Herdman<br /><br />get serious dude<br /><br />if private banks don't have the ability to create money, why do we regulate them as we do?<br /><br />we are talking wiki level knowledge here<br /><br />http://en.wikipedia.org/wiki/Fractional-reserve_bankingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-65171519736911167962012-01-05T09:29:49.141-05:002012-01-05T09:29:49.141-05:00@ Anonymous:
Private banks (excepting the Fed) do...@ Anonymous:<br /><br />Private banks (excepting the Fed) don't create money. However, what you write sounds more or less like how money is created.Edwin Herdmanhttps://www.blogger.com/profile/05040978095707760636noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-72560270745670321012012-01-03T09:04:58.257-05:002012-01-03T09:04:58.257-05:00Does the Ricardian equivalence apply to private de...<i>Does the Ricardian equivalence apply to private debt?</i><br /><br />I believe the phrase is "Miller-Modigliani".vimothynoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-85701730971574648402012-01-02T10:33:01.824-05:002012-01-02T10:33:01.824-05:00Yes or no, please
Does the Ricardian equivalence ...Yes or no, please<br /><br />Does the Ricardian equivalence apply to private debt?<br /><br />If not, why not?<br /><br />Assume the borrowing in both cases is from bank's who fund the loans solely by creating money.Anonymousnoreply@blogger.com