robsverdict (32)in #economy • 7 years agoCentral Banks play Whac-A-MoleThe topic of national debt is prevalent in the financial media however the implications are not often presented. National debt, like corporate and personal debt requires…robsverdict (32)in #ico • 7 years agoThe LOND Solution will Redirect Billions of Profits Away from Banks, internationally.The blockchain Solution to Raise and Trade Debt LOND disintermediates debt markets through tokenization of debt and a blockchain-based debt trading platform. LOND provides…robsverdict (32)in #economy • 7 years agoExtreme rates of interestHypothesis Monitory policy through interest rates is flawed, extreme levels of interest rates are bad, high rates of change of interest rates are bad and there is a healthy…robsverdict (32)in #economy • 7 years agoWhen Interest Rates Go UpThe signalling and effect of interest rate changes is interesting. An action to tighten interest rates should, on a direct financial basis, reduce the price of bonds and equities…robsverdict (32)in #bitcoin • 7 years agoPricing BitcoinAs the supply of bitcoin is fixed then pricing is determined by demand. What drive bitcoin prices up Network size. The size of the network is related to the size of the…robsverdict (32)in #money • 7 years agoInterest Rates and LabourMost of the people who work, need to work to eat, cloth and shelter themselves. This means that the supply of most of the labour is price invariant. In other words, up to a…robsverdict (32)in #bitcoin • 7 years agoIs Bitcoin like the Dot.com bubble?As part of the bitcoin bubble meme, parallels are often drawn to the dot.com boom and bust. A nice discussion about the similarities and differences is available here…robsverdict (32)in #economics • 7 years agoThe Real Factors of ProductionA fundamental basis for government decisions when attempting to manage the economy is the consideration of production. Unfortunately, it appears that the typical definitions have…robsverdict (32)in #economy • 7 years agoLooks like Trump made a DealJust after the tax law was passed, a number of large companies in the US promised bonuses and pay increases to their employees. While this may become a trend, it is not a…robsverdict (32)in #economy • 7 years agoNew Trump Executive order - US National emergency against human rights violators and corruptionNew executive order looks to be very significant. Key excerpt: I therefore determine that serious human rights abuse and corruption around the world constitute an unusual and…robsverdict (32)in #money • 7 years agoDanger: Velocity of MoneyConsider the usual identity formula: Most western economies are experiencing little growth in real output and little pricing changes so the ‘PY’ has been basically flat.…robsverdict (32)in #money • 7 years agoEconomy – Pray or celebrate?There are a lot of conflicting news and data about the state of the economy. Some sources are pointing out growing stock market, rising house prices, low unemployment, growing…robsverdict (32)in #economy • 7 years agoBeware talk of Labour ProductivityMarco economic assessment of labour productivity if often simply calculated by GDP divided by workers to imply a national efficiency. Western labour productivity after WW2 has…robsverdict (32)in #finance • 7 years agoDo nations face a hard limit on Debt?Assuming creditors and other nations accept the currency of a debtor nation which is experiencing an exponential debt explosion, is there a hard limit on how much debt an economy…robsverdict (32)in #economy • 7 years agoWhen is debt too high?For individuals and companies, debt is too high when it can no longer be serviced. For governments and nations the story gets a little more interesting. New debt adds to…robsverdict (32)in #economy • 7 years agoWhy inflation won’t work…..Problem with high national debt? Easy - inflate that debt away and negative real interest rates will rapidly reduce that debt to manageable levels. From a certain economic…robsverdict (32)in #money • 7 years agoWhy inflation is seen as the solution to debt….Is inflation the solution to the issue of high national debt? When debt is high and requires more debt to keep the economic system going then the situation is critical. What…robsverdict (32)in #money • 7 years agoQE and QT are both terrible!The issue with QE/QT is that it is an external influence in the available supply of a specific form of capital or input to production – money or finance capital. As with…robsverdict (32)in #economy • 7 years agoDebt: Good or Bad?Debt is spending future income in the present with a fee. As debt is so popular then one should assume it is desirable. The promise to repay the debt and the interest is an…robsverdict (32)in #economy • 7 years agoWhy Negative Interest Rates are a Bad IdeaAs new debt is issued, this adds to economic activity creating an incentive that can spiral an economy into exponentially increasing debt. Servicing costs are a drag on economic…