Greetings, Marshall Feldman! > So I only have one further comment: >> Date: Thu, 25 Apr 2013 02:34:22 +0400 >> From: Andrey Repin <anrdae...@freemail.ru> >>> ... If you want to see an example, look at Figure 9.3 on p. 175 of >>> this paper >>> <http://www.debtdeflation.com/blogs/wp-content/uploads/papers/9780230_203372_10_cha09.pdf>. >> :D I like overcomplication of very simple things. Thanks for a good laugh. >> >> Date: Wed, 24 Apr 2013 18:47:33 -0400 >> From: Alejandro Imass<aim...@yabarana.com > ... >> Just a though: if centrals banks are able to create inorganic money >> that is not backed up by anything more than their word and if the >> private banks can make up money out of thin air whilst guaranteeing >> only 10% in deposits, and the ever increasing debt is solved by adding >> more debt, then there are no need for any sort of charts to explain >> how it works because it's fundamentally broken. The chart should be a >> big box with an X in the middle the label "Flawed" and a start-over >> line pointing to a box called Hayek! > One would hope that simple things would be obvious: that even a simple > model of money in the economy reveals certain truths, that banks > sometimes make money "out of thin air," or that the system is "broken" > (or at least does not work the way most would want it to work). But then > sometimes even the smartest folks do not see the obvious > <http://www.youtube.com/watch?v=PWen53eqmJo>, particularly when it is in > a discipline dominated by ideology masquerading as science > <http://www.remappingdebate.org/article/us-universities-failing-grade-economics>.
http://hazeron.com/economy.html A very good reading to understand, how real economy works. > Thanks again for all your help. > MF -- WBR, Andrey Repin (anrdae...@freemail.ru) 26.04.2013, <02:07> Sorry for my terrible english... _______________________________________________ dia-list mailing list dia-list@gnome.org https://mail.gnome.org/mailman/listinfo/dia-list FAQ at http://live.gnome.org/Dia/Faq Main page at http://live.gnome.org/Dia
