Bretton Woods Redux: The Real Bridge to Nowhere [View article]
Chaos or a New World Economic Order?
Interest Rates [Credit] are the Cause and Consequence of the Explosion of Income/Wealth Disparities and, Hence, of the Inherent Instability of this Economy:
The Ominous Keynes' Liquidity Trap. Origin of Economic Chaos.
As Far as we Know, As of Today No Other Economist Has Even Touched on The Link Between Income Distribution and the Interest-Rates / Liquidity Trap.
None of the Traditional Tools of Governments Will Work: The Helpless Leaders of The G20 Countries Are Pathetic, Aren't They?
DIE ZEIT: Can the right monetary and fiscal policy keep the US out of a recession?
Alan Greenspan:
"Probably not. Global forces can now override most anything that monetary and fiscal policy can do.
Long-term real interest rates have significantly more impact on the core of economic activity than the individual actions of nations.
Central banks have increasingly lost their capacity to influence the longer end of the market.
Two to three decades, ago central banks were dominant throughout the maturity schedule.
Thus, the more important question is the direction of long-term real interest rates."
Bretton Woods Redux: The Real Bridge to Nowhere [View article]
Interest Rates [Credit] are the Cause and Consequence of the Explosion of Income/Wealth Disparities and, Hence, of the Inherent Instability of this Economy:
The Ominous Keynes' Liquidity Trap.
Origin of Economic Chaos.
As Far as we Know, As of Today No Other Economist Has Even Touched on The Link Between Income Distribution and the Interest-Rates / Liquidity Trap.
None of the Traditional Tools of Governments Will Work: The Helpless Leaders of The G20 Countries Are Pathetic, Aren't They?
DIE ZEIT: Can the right monetary and fiscal policy keep the US out of a recession?
Alan Greenspan:
"Probably not. Global forces can now override most anything that monetary and fiscal policy can do.
Long-term real interest rates have significantly more impact on the core of economic activity than the individual actions of nations.
Central banks have increasingly lost their capacity to influence the longer end of the market.
Two to three decades, ago central banks were dominant throughout the maturity schedule.
Thus, the more important question is the direction of long-term real interest rates."
Chairman Sir Alan "El Maestro" Greenspan
The Great Irony of Success
© ZEIT online, 30.1.2008
www.17-76.net/opening.... Chart of Long-Term Interest Rates
When Long-Term Interest Rates Ar So Low As Not to Reward the Risk People Stop to Invest. Wouldn't You? Who Can Coerce Them into Losing Money?
Because It Is Through Investments That Money Is Created.
The Blood of the Economy Stops to Flow,
It is the Ominous Keynes' Liquidity Trap, The Root of Economic Chaos.
The Crash Will Be Brutal, With NO Prior Warning... You Need to Be Prepared.
1 7 7 6 - Annuit Cœptis Can't Avoid the Crash
it Can Shield You From Its Consequences
Everyone Need an Economy, Don't You?
There Is One Solution That Works:
A Credit Free, Free Market Economy:
What Else?... What Is Exactly the Other Option?
No One Will Chose the Chaos, Will You?
The Only Goal of 1 7 7 6 - Annuit Cœptis is to Implement It.
Anyone Can Join But Still Needs to Be Prepared. Shouldn't You?
www.17-76.net/
The Purpose Is to Provide Both a New Deal and a New Game.
It is NOT to Fix This Economy Which is Already Beyond Repair.
The Intention Is to Create a New Economy
With the Assets of the Old One Without its Liabilities.
1 7 7 6 - Annuit Cœptis Will Jump Start Its Economy When:
It Declares the State of Systemic Economic Collapse (Market Crash)
AND
The Number of Its Registered Participants Reaches 100,000,000
Why Not Insure Against the Worst Case Scenario?
It Is the Age of Turbulence: Adventures in a New World Economic Order.
www.17-76.net/