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Economic and Political Commentary. Suppose that Greece simply defaults on its debt. It declares a moratorium on all principal and interest payments until such time as its economy has recovered. Does that mean that Greece must exit the eurozone and return to the drachma? I would argue not! The Greeks have clearly rejected austerity, but does that mean they want to resurrect the drachma? Do Greeks really want to go the way of Zimbabwe or the Weimar Republic? In any case, let’s just assume that Greece...

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Pensées Par Contre | parcontre.blogspot.com Reviews

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Economic and Political Commentary. Suppose that Greece simply defaults on its debt. It declares a moratorium on all principal and interest payments until such time as its economy has recovered. Does that mean that Greece must exit the eurozone and return to the drachma? I would argue not! The Greeks have clearly rejected austerity, but does that mean they want to resurrect the drachma? Do Greeks really want to go the way of Zimbabwe or the Weimar Republic? In any case, let’s just assume that Greece...

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Pensées Par Contre | parcontre.blogspot.com Reviews

https://parcontre.blogspot.com

Economic and Political Commentary. Suppose that Greece simply defaults on its debt. It declares a moratorium on all principal and interest payments until such time as its economy has recovered. Does that mean that Greece must exit the eurozone and return to the drachma? I would argue not! The Greeks have clearly rejected austerity, but does that mean they want to resurrect the drachma? Do Greeks really want to go the way of Zimbabwe or the Weimar Republic? In any case, let’s just assume that Greece...

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parcontre.blogspot.com

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Pensées Par Contre: May 2013

http://www.parcontre.blogspot.com/2013_05_01_archive.html

Economic and Political Commentary. On how such a New Order might be established, but in this essay I will explain why the Progressively Insane Monetary Policy (PIMP) that is currently being. Pursued by central banks cannot save us from. The implosion of deflation, and if pursued to the perverse limits of its own logic will eventually create an explosion of hyper-inflation. In my first blog. The chart below, courtesy of GreenBackd. The Fed has always carried out its chosen monetary policy by fixing the Fe...

2

Pensées Par Contre: August 2008

http://www.parcontre.blogspot.com/2008_08_01_archive.html

Economic and Political Commentary. What is the problem? What is the problem? It seems like every time I read the financial press, there is at least one article on the front page speculating about the Federal Reserve. What will it say at the next meeting, how long until the next rate move, and will the move be up or down? 160; If the government can fix the price of credit, what's to prevent it from setting that price based on political considerations rather than supply and demand? Put another way, when t...

3

Pensées Par Contre: February 2015

http://www.parcontre.blogspot.com/2015_02_01_archive.html

Economic and Political Commentary. Suppose that Greece simply defaults on its debt. It declares a moratorium on all principal and interest payments until such time as its economy has recovered. Does that mean that Greece must exit the eurozone and return to the drachma? I would argue not! The Greeks have clearly rejected austerity, but does that mean they want to resurrect the drachma? Do Greeks really want to go the way of Zimbabwe or the Weimar Republic? In any case, let’s just assume that Greece...

4

Pensées Par Contre: Grexit

http://www.parcontre.blogspot.com/2015/02/grexit.html

Economic and Political Commentary. Suppose that Greece simply defaults on its debt. It declares a moratorium on all principal and interest payments until such time as its economy has recovered. Does that mean that Greece must exit the eurozone and return to the drachma? I would argue not! The Greeks have clearly rejected austerity, but does that mean they want to resurrect the drachma? Do Greeks really want to go the way of Zimbabwe or the Weimar Republic? In any case, let’s just assume that Greece...

5

Pensées Par Contre: September 2008

http://www.parcontre.blogspot.com/2008_09_01_archive.html

Economic and Political Commentary. GOP - R.I.P. GOP - R.I.P. Once upon a time, this nation had a choice of political philosophies from which to choose. During his first campaign for the White House, in his acceptance speech at the Democratic convention, Franklin Delano Roosevelt promised a new direction for the country. 8220;What do the people of America want more than anything else? 8220;With this pledge taken, I assume unhesitatingly the leadership of this great army of our people dedicated to a disci...

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parcontre.blogspot.com

Pensées Par Contre

Economic and Political Commentary. Suppose that Greece simply defaults on its debt. It declares a moratorium on all principal and interest payments until such time as its economy has recovered. Does that mean that Greece must exit the eurozone and return to the drachma? I would argue not! The Greeks have clearly rejected austerity, but does that mean they want to resurrect the drachma? Do Greeks really want to go the way of Zimbabwe or the Weimar Republic? In any case, let’s just assume that Greece...

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