Raising rates is a stimulus Eric Lonergan 4th October 2017 Helicopter Money, Monetary Policy, Theory & Other Problems There are two broad categories of monetary policy instrument: 1) measures which are aimed at influencing market interest...
Money and language Eric Lonergan 17th September 2017 Definitions of Money, Theory & Other Problems 4 The great Scottish philosopher David Hume may have been the first to understand that the economics of money is closest t...
Language and money Eric Lonergan 17th September 2017 Definitions of Money, Theory & Other Problems The great Scottish philosopher David Hume may have been the first to understand that the economics of money is closest t...
More on Bitcoin (Part I) Eric Lonergan 15th September 2017 Definitions of Money, Helicopter Money Bitcoin proves that the 'interest' paid by central banks on bank reserves (IOR) is not an "interest rate" but a helicopt...
Intelligent money & valuing Bitcoin Eric Lonergan 10th September 2017 Definitions of Money, Helicopter Money, Monetary Policy 11 The most significant innovation in Bitcoin is not blockchain, nor the fact that it is a non-state-backed electronic curr...
Democracy and minority rule Eric Lonergan 9th July 2017 Theory & Other Problems 4 Democracy is an attempt to provide legitimacy for law-making and government. Legitimacy resides in obtaining the consent...
