The recent meeting of the G-20 in South Korea yielded little but conflict and platitudes from President Obama, but our boys use the event to discuss international efforts to address the financial crisis.
Archive for the ‘Coffee with Joe’ Category
Coffee with Joe 11-11-10: The Third Way
Joe point out that the experts seem unaware of the third way, a debt-free monetary system a la the American Monetary Act, which could put us back on the path to prosperity.
Coffee with Joe 11-4-10: QE2
Joe and Pete discuss Fed Chairman Bernanke’s recent announcement that the Fed will buy $600 Billion in US Treasury securiities between now and the end of June 2012, in particular, how Bernanke avoids characterizing it as “money creation”. Relavent
Coffee with Joe 10-28-10: Election Next Week
Pete and Joe discuss Obama on Jon Stewart and the phenomenon of the Tea Party as a popular, if misguided, response to the dysfunction of our debt-based monetary system.
Coffee with Joe 10-21-10: A Poor Excuse for Monetary Policy
The Fed is back in the business of “quantitative monetary easing” which means they are buying US Treasury debt and other financial assets with money they create out of thin air. In today’s Coffee, Joe calls this a failed monetary strategy. It did
Coffee with Joe 10-11-10: Does Steve Keen Understand Monetary Reform?
Steve Keen claims, in a recent interview, that monetary reform along the lines of the American Monetary Act would not have prevented the financial crisis, which he says was caused by leveraged speculation on assets. Joe claims here that there can be
Coffee with Joe 10-5-10; Yamaguchi’s Model
Joe and Pete report on Prof. Kaoru Yamaguchi’s system dynamics model of how debt-free money a la the American Monetary Act would perform in the real world.
Coffee with Joe 9-29-10: Debt Deflation and Monetary Reform
Joe and Pete look forward to meeting Australian economist Steve Keen at the American Monetary Conference this weekend in Chicago, and discussing how the reforms in the American Monetary and Financial Security Act would obviate a “debt-deflation”, or
Coffee with Joe 8-26-10: PMR Enough Money without Fractional Reserves?
In this installment, Pete and Joe discuss a common criticism of Full-Resertve banking (100% reserves)—that there wouldn’t be enough money for the banks to loan if they couldn’t create money through the fractional reserve “money multiplier.”
Recent Comments
Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11
Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11
Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11