Warren Mosler espainieraz (2)

Aipamenak.

Lehen aipamena hauxe zen: Liburua espainieraz

http://www.unibertsitatea.net/blogak/heterodoxia/2014/10/24/warren-mosler-en-liburua-espainieraz/

Bigarren aipamena: W. Mosler-en iruzkinak petrolio gordinaren prezioaz, ekonomiaz, eta bankugintza sistemaz.

Ingelesez: Comments on crude pricing, the economy, and the banking system

http://moslereconomics.com/2014/12/04/comments-on-crude-pricing-the-economy-and-the-banking-system/

Espainieraz: Comentarios sobre el precio del petróleo, la economía y el sistema bancario

http://www.sinpermiso.info/textos/index.php?id=7565

Ikasiko ahal dute!

Gehigarriak petrolio prezioaz.

i) Elkarrizketa bi zatitan:

Mosler: The Saudis are still the swing producer. They are engineering the oil price crash

(My RT interview starts at the 4 min mark. )

http://moslereconomics.com/2014/12/07/rt-interview-2/

Mosler on oil and the US economy

http://moslereconomics.com/2014/12/10/mosler-rt-interview-part-2/

ii) Hiru ohar:

Macro update

http://moslereconomics.com/2014/12/17/macro-update-5/

Yellen vs Mosler

http://moslereconomics.com/2014/12/18/yellen-vs-mosler/

Offsetting the demand leakages

http://moslereconomics.com/2014/12/17/offsetting-the-demand-leakages/


Zipriztin pertsonalak

Historia eta/ala istorioak?

John Kenneth Galbraith

Informazioa.

Euskaraz: http://eu.wikipedia.org/wiki/John_Kenneth_Galbraith

Ingelesez: http://en.wikipedia.org/wiki/John_Kenneth_Galbraith

Azken liburua: The Economics of Innocent Fraud (2004an argitaratua):

http://en.wikipedia.org/wiki/The_Economics_of_Innocent_Fraud

Warren Mosler eta J. K. Galbraith: ikus http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf

James K. Galbraith-ek, John-en semeak, dionez (Foreword to W. Mosler’s book):

Warren Mosler is a rare bird. A self-taught economist who is not a crank. A successful investor who is not a blowhard. A business person with a talent for teaching. A financier with a true commitment to the public good.”

(…)

Warren’s gift is transparent lucidity. He thinks things through as simply as he can. (And he puts a lot of work into this – true simplicity is hard.) He favors the familiar metaphor, and the homely example. You can explain his reasoning to most children (at least, to mine), to any college student, and to any player in the financial markets. Only economists, with their powerful loyalty to fixed ideas, have trouble with it. Politicians, of course, often do understand, but rarely feel free to speak their own minds.”

Now comes Warren Mosler with a small book, setting out his reasoning on seven key issues. These relate to government deficits and debt, to the relation between public deficits and private savings, to that between savings and investment, to Social Security and to the trade deficit. Warren calls them “Seven Deadly Innocent Frauds” – taking up a phrase coined by my father as the title of his last book. Galbraith-the-elder would have been pleased.”

The common thread tying these themes together is simplicity itself. It’s that modern money is a spreadsheet! It works by computer! When government spends or lends, it does so by adding numbers to private bank accounts. When it taxes, it marks those same accounts down. When it borrows, it shifts funds from a demand deposit (called a reserve account) to savings (called a securities account). And that for practical purposes is all there is. The money government spends doesn’t come from anywhere, and it doesn’t cost anything to produce. The government therefore cannot run out.

(…)

Aspaldian zertxobait egin nuen Galbraith-ez: Ia guztientzako ekonomi gidaliburua, UEU, 1988:

http://www.buruxkak.eus/liburuak_ikusi/2063/ia_guztientzako_ekonomi_gidaliburua__itzulpena_.html

(PDF-ko bertsioa deskargatu daiteke dohainik.)

Galbraith-ekin Montrealen hasitako bideak markatu nau, erabat.

Orain ildoa zehatzagoa da DTM-ko autorearekin, eta batez ere W. Mosler-ekin.

Bideak merezi du (Machado revisited and updated).


Rafael Correa presidenteari egindako elkarrizketa berria

Gogoratzeko aspaldiko elkarrizketa1.

Hona hemen atzo (2014.12.14an) egindako elkarrizketaren link batzuk:

  1. Para muchos, quedar mal frente a la banca internacional es terrible2

  2. Europa comete el error de hacer caso al FMI en vez de a los ciudadanos3

  3. El principio fundamental es saber quién manda, si el capital o los seres humanos4

  4. Si critican a Hugo Chávez quiere decir que no conocen Latinoamérica5

Noizko antzeko elkarrizketa bat Correa Presidenteari euskarazko telebistetan?


Hobby eta zaletasunak

Mekanika kuantikoaz haratago1, oilagorra2 dut hobby.

Informazio laburra segituan.

Euskaraz:

http://mugarikgabekoscolopaxrusticola.blogspot.com.es/2010/02/mugarik-gabeko-scolopax-rusticola.html

Ingelesez:

http://scolopaxrusticolawithoutfrontiers.blogspot.com.es/2010/01/scolopax-rusticola-without-frontiers.HTML


2 Eguberrirako, zorionak eta urte berri on blogeko irakurle guztiei opatzeko, ikus http://images.arcadja.com/frohawk_frederick_william-study_of_a_white_woodcock~OM6b9300~10001_20040728_11345_40.jpg.

TTIP delakoaz hitz bi: nahikoa eta sobera

TTIP1 delakoaz (euskaraz: Merkataritza eta Inbertsio Lankidetza Transatlantikoa) hamaika txosten, artikulu eta saiakera plazaratzen ari dira, baita zenbait ekitaldi gauzatu ere.

Nazioarteko merkataritzaz, zertxobait aipatu genuen blog honetan aspaldian:

a) Europa eta Mundua2.

b) Nazioarteko ekonomia eta ‘inperialismoa’3.

Gainera, orain badakigu BPGn Txinak AEB gailendu duela4.

Jakin dugu, halaber, Errusian errubloak moneta flotatzaile5 bilakatzen ari dela, azkenean!

Izan ere, mundu ekonomikoa aldatuz doa, etengabe. Alta, badakigu, ongi jakin, zein den giltzarik garrantzitsuena nazioarteko merkataritza trukeetan, Molser-en bidez6.

Beste aldetik, eta estatu desberdinen mailan,  aspalditik dakigu moneta subiranoko edozein herrialde ezin dela monetarik gabe geratu; gure kasu honetarako, AEB zein Eurogunea. Badaezpada ere, hona hemen AEB eta Europari buruzko politika ekonomikoaz R, Wray-k orain dela gutxi aipatu duena7.

Hortaz eta laburbilduz, AEBri dagokionez, nazioarteko edozein merkataritza truketaz ongi jakin behar duguna hauxe da, Mosler-en hitzez:

  1. all US govt spending is by ‘marking up numbers in bank accounts’ as Bernanke reported.”

  2. the causations are a bit different. It starts with a sale of a good or service to the US where the foreign company gets paid in dollars, which are a credit to a US bank account in their name, directly or indirectly. Ordinarily, that company would then sell those dollars for its local currency to meet its local currency obligations, and its balance sheet is generally in its local currency as well, where foreign currency holdings might be considered speculative. Selling those dollars causes its local currency to rise. If the CB doesn’t want the local currency to rise it will buy the dollars and hold them in its Fed account. “

  3. Generally the foreign CB buys its Treasury securities from the US Treasury with dollars it’s already purchased in the market. It does not do fx transactions with the US Treasury.

  4. The foreign country knows exactly what the terms and conditions are when it decides to facilitate the sale of real goods and services to the US in exchange for dollar balances at the Fed. “

  5. exports are real costs and imports real benefits, and that we benefit enormously from the trade deficit. That’s why I say it’s at the expense of their macro economies to net export to US.

Ikasiko ote dugu inoiz?


Urrea: V. Putin eta W. Molser

Jende askok, gehiegik uste dute urrea diruaren azken ‘babeslea’ dela, hortaz, erreserbarako oso egokia dela.

Fikzio hori aspaldian bukatu zen.

Hasierarako, ikus ondoko linka[1].

Eta bertan W. Mosler-ek dioena: Gold standard thoughts[2]

Oraintxe, hauxe dio Mosler-ek[3]:

(Ikus linkean 6. chart: Central Banks continued to strengthen reserves with gold.

Irakur link berean Errusiari dagokion urre erosketa: 55 tona aurtengo hirugarren hiruhilabetean.)

If this is true Putin is even dumber or more subject to special interest influence than I thought.”

 

[1] Ikus http://www.unibertsitatea.net/blogak/heterodoxia/2014/11/24/e-dirua-zergak-sasi-monetak-eta-urre-estandarra/.

[2] Ikus http://moslereconomics.com/2012/08/24/gold-standard-thoughts/.

[3] Ikus http://moslereconomics.com/2014/12/07/putin-buying-gold-in-size/.

-(e)nez gero…

Hego EH honetan erdara bantua nagusia denez gero…

Hego EH honetako politikari zein politikero guztiek nagusiki erdara bantua erabiltzen dutenez gero…

EHko ia guztiok erdara bantu hori ulertzen edo erdi ulertzen dugunez gero…

Azken 35 (hogeita hamabost) urte galdu omen ditugunez gero…

(http://www.naiz.eus/eu/actualidad/noticia/20141209/adolfo-araiz-debemos-recuperar-el-tiempo-perdido-durante-los-ultimos-35-anos)

EH txikia denez, eta atzerrirako enbaxadore onak behar ditugunez gero…

Hona hemen merezi ez dugun aparteko enbaxadorearen, Mujica presidentearen hitzak:

(https://www.youtube.com/watch?v=8U5rH4z3_uA&list=UUbHFKMtqLYkIBRiPHJwxu_w#t=14)

Wonderful!