Comments for Mecpoc http://www.mecpoc.org A forum for alternative views in economics Tue, 23 Mar 2010 16:13:51 +0200 http://wordpress.org/?v=2.9.2 hourly 1 Comment on When is Government-Issued Debt Safe? If You Think This is Only True When Debt is Below Some Threshold You May be Dead Wrong by warren mosler http://www.mecpoc.org/2010/02/when-is-government-issued-debt-safe-if-you-think-this-is-only-true-when-debt-is-below-some-threshold-you-may-be-dead-wrong/comment-page-1/#comment-1074 warren mosler Tue, 23 Mar 2010 16:13:51 +0000 http://www.mecpoc.org/?p=531#comment-1074 The Russian default was a typical fixed exchange rate blowup. The ruble was fixed at 6.45 to the dollar and when they ran out of dollar reserves defending that level they turned off the computer and vacated their offices. The Russian default was a typical fixed exchange rate blowup.

The ruble was fixed at 6.45 to the dollar and when they ran out of dollar reserves defending that level they turned off the computer and vacated their offices.

]]> Comment on Operationally, Government Spending is Not Inherently Revenue Constrained. Any such Constraints Are Necessarily Self-Imposed by Robert Searle http://www.mecpoc.org/2010/02/operationally-government-spending-is-not-inherently-revenue-constrained-any-such-constraints-are-necessarily-self-imposed/comment-page-1/#comment-905 Robert Searle Thu, 25 Feb 2010 11:29:30 +0000 http://www.mecpoc.org/?p=523#comment-905 I think when we are talking about banks, and money we are actually discussing ELECTRONIC DATA. This is a simple point but is very important especially in my evolving project of Transfinancial Economics... I think when we are talking about banks, and money we are actually discussing ELECTRONIC DATA.

This is a simple point but is very important especially in my evolving project of Transfinancial Economics…

]]> Comment on When is Government-Issued Debt Safe? If You Think This is Only True When Debt is Below Some Threshold You May be Dead Wrong by Jonathan Stanford http://www.mecpoc.org/2010/02/when-is-government-issued-debt-safe-if-you-think-this-is-only-true-when-debt-is-below-some-threshold-you-may-be-dead-wrong/comment-page-1/#comment-902 Jonathan Stanford Thu, 25 Feb 2010 10:11:00 +0000 http://www.mecpoc.org/?p=531#comment-902 Was the foreign USD debt burden enough to bring Russia to insolvency during the 1998 crisis? Because they devalued the RUB but also defaulted on RUB denominated debt. Was the foreign USD debt burden enough to bring Russia to insolvency during the 1998 crisis? Because they devalued the RUB but also defaulted on RUB denominated debt.

]]> Comment on When is Government-Issued Debt Safe? If You Think This is Only True When Debt is Below Some Threshold You May be Dead Wrong by Jonathan Stanford http://www.mecpoc.org/2010/02/when-is-government-issued-debt-safe-if-you-think-this-is-only-true-when-debt-is-below-some-threshold-you-may-be-dead-wrong/comment-page-1/#comment-901 Jonathan Stanford Thu, 25 Feb 2010 10:06:20 +0000 http://www.mecpoc.org/?p=531#comment-901 Where di insolvency stem from in Russia in 1998 then? They devalued the RUB and defaulted on RUB denominated debt. Was the USD denominated debt burden enough to sink even the domestic? Where di insolvency stem from in Russia in 1998 then? They devalued the RUB and defaulted on RUB denominated debt. Was the USD denominated debt burden enough to sink even the domestic?

]]> Comment on Mecpoc Symposium R.S.V.P. by 2nd Mecpoc Symposium | Mecpoc http://www.mecpoc.org/mecpoc-symposium-rsvp/comment-page-1/#comment-592 2nd Mecpoc Symposium | Mecpoc Mon, 25 Jan 2010 22:08:57 +0000 http://www.mecpoc.org/?page_id=318#comment-592 [...] If you wish to join this event, please confirm your attendance by filling out this form. [...] [...] If you wish to join this event, please confirm your attendance by filling out this form. [...]

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