Истина где-то: деньги как раз вексель, и банки внедряют в нем

Еще в 1930-е годы, Генри Форд, как предполагается, отметил, что это была хорошая вещь, что большинство американцев не знают, как банковская действительно работает, потому что, если они сделали ", там бы революция до завтрашнего утра".
На прошлой неделе, что-то замечательное произошло. Банк Англии пусть кошку из мешка. В статье под названием " Создание Деньги в современной экономике ", в соавторстве с трех экономистов из монетарного анализа дирекция Банка, они прямо заявил, что наиболее распространенными предположения о том, как банковских работ просто не так, и что вид популиста, неортодоксальные позиции более обычно ассоциируется с такими группами, как Занимайте Уолл-стрит являются правильными. При этом они, по сути бросил всю теоретическую основу для экономии из окна.
Чтобы получить представление о том, как радикально новый позиция Банка является, рассмотрим традиционный взгляд, который по-прежнему является основой всей почтенной дискуссии по общественной политике. Люди вкладывают свои деньги в банках. Банки затем одолжить эти деньги под проценты - либо потребителям, или предпринимателей, готовых инвестировать в некотором прибыльное предприятие. Правда, дробная резервная система действительно позволяет банкам одалживать значительно больше, чем они держат в резерве, и правда, если сбережения не хватает, частные банки могут обратиться за занимать больше от центрального банка.
Центральный банк может печатать столько денег, сколько он хочет. Но это также осторожны, чтобы не печатать слишком много. На самом деле, мы часто говорили, именно поэтому независимые центральные банки существуют в первую очередь. Если правительства могут печатать деньги сами, они, несомненно, потушить слишком многое из этого, и в результате инфляция будет бросить экономику в хаос. Такие учреждения, как Банк Англии или Федеральной резервной системы США были созданы, чтобы тщательно регулировать денежную массу, чтобы предотвратить инфляцию. Вот почему им запрещено напрямую финансировать правительство, скажем, покупая казначейские облигации, но вместо финансировать частную экономическую деятельность, что правительство лишь налоги.
Именно это понимание того, что позволяет нам продолжать говорить о деньгах, как будто это ограниченный ресурс, как бокситы или нефти, чтобы сказать "там просто не хватает денег" для финансирования социальных программ, говорить о безнравственности государственного долга или государственных расходов "вытеснения" частный сектор. Что Банк Англии признал на этой неделе, что все это на самом деле правда. Цитата из собственной начальной резюме: "Вместо того, чтобы банки приема депозитов, когда домохозяйства сохранить, а затем кредитования их, банковское кредитование создает депозиты" ... "В обычные времена, центральный банк не устанавливает сумму денег в обращении, и при этом центральный банковские деньги »умноженное вверх" в более кредитам и депозитам ".
Другими словами, все, что мы знаем, это не просто так - это в обратном направлении. Когда банки выдают кредиты, они создают деньги. Это потому, что деньги на самом деле просто долговая расписка. Роль центрального банка является председательствовать на правовой порядок, который эффективно предоставляющую банкам исключительное право создавать долговые расписки определенного вида, те, которые правительство будут признавать в качестве законного платежного средства на его готовность принять их в уплате налогов. Там на самом деле никаких ограничений на сколько банки могут создавать, если они могут найти кого-то, готового взять его. Они никогда не будут пойманы Короче говоря, по той простой причине, что заемщики не, вообще говоря, взять деньги и положить их под матрасы; в конечном счете, любые деньги через банковские кредиты из просто в конечном итоге обратно в каком-то банке снова. Так что для банковской системы в целом, каждый кредит просто становится другой депозит. Более того, поскольку банки должны приобрести средства у центрального банка, они могут заимствовать столько, сколько они хотели; все последний действительно установлен размер процентов, стоимость денег, а не его количество. С начала рецессии, центральные банки США и Великобритании уже сократили расходы практически до нуля. В самом деле, с «количественного смягчения» они были эффективно насосных столько денег, сколько они могут в банки, не производя никаких инфляционных последствий.
Что это означает, что реальное ограничение на количество денег в обращении не то, сколько центральный банк готов выдавать кредиты, но сколько правительство, фирмы, и рядовые граждане, готовы одолжить. Государственные расходы является основной движущей силой во всем этом (и бумага может признать, если вы внимательно его прочитать, что центральный банк делает финансировать правительство, в конце концов). Таким образом, нет никаких сомнений, государственных расходов "вытеснения" частных инвестиций. Это с точностью до наоборот.
Почему Банк Англии неожиданно признать все это? Ну, одной из причин является, потому что это очевидно. Работа Банка является на самом деле запустить систему, и в последнее время, эта система не работает уже особенно хорошо. Вполне возможно, что он постановил, что поддержание фантазии земли версию экономики, которая оказалась настолько удобна для богатых просто роскошь, больше не могут себе позволить.
Но политически, это происходит огромный риск. Просто обратите внимание, что может произойти, если держатели ипотечных понял деньги банк одолжил их нет, на самом деле, жизнь сбережения какой-то экономного пенсионера, но что-то банк просто смахнул в существование через его владения волшебной палочки, которые мы, общественность, руками к ним.
Исторически сложилось, что Банк Англии, как правило, быть лидирует, застолбить кажущейся радикальные позиции, что в конечном счете становятся новые ортодоксы. Если это то, что происходит здесь, мы могли бы в ближайшее время быть в состоянии узнать, если Генри Форд был прав.

Fonte: http://www.theguardian.com/commentisfree/2014/mar/18/truth-money-iou-bank-of-england-austerity

THE LEFT YOU THINK IT IS POSSIBLE TO END The AUSTERITY AND MAINTAIN THE EURO BUT 'A TRAGIC ERROR (PROF. NINO GALLONI)

Sunday, June 29, 2014

Professor Nino Galloni, economist, former lecturer at the Catholic University of Milan and the LUISS University of Modena, tells what developments await Europe after the election, but most importantly, what will happen in Italy, the crock pot is the Old Continent.

Extraordinary interview. Read.

A month before the European elections does not seem to have changed much, except for the fact that the EPP and PES have thrown the mask of fake opposition they have had in recent years and will begin to govern together also in Brussels. What are your predictions, economic and political, for the next few months?

The recent case of Libya proves, beyond any reasonable doubt that in recent months the European Union has made ​​giant steps back, at least for those who believed in the project, and tend to a geopolitical isolation and compared with the major strategies being carried out by the United States, Britain and Saudi Arabia on the one hand, both the new realities of the emerging countries (China, Russia, India, Brazil ...), on the other.

Europe has lost all trains potential and the release of Alfano as interior minister proves it: "you bombed Libya and now leave us alone." It 'a serious situation. From the storm in the glass of water to the European elections has emerged as the vast majority, over 80% l'', the electorate is against austerity. But, prevails, especially in the PES, the idea that we should go out dall'austerity, but remain in the euro, so in this Europe. This position presents irresolvable contradictions, without prejudice to the recent interventions of the ECB. In the short and medium term, in other words, I predict an increase in the social conflict that will not explode in uncontrollable levels only if the monetary measures of the ECB will have an effect on the real economy, as it hoped Dragons. If this does not happen, the crisis will go behind the current Italian government and the main party of the PES in Europe, in both cases, the PD Renzi.

What are the choices to be made immediately in the emergency current company?

Making a public bank in Italy to collateralize loans of public administration that would be, for what I read in the press of the ECB eligible. It may well manage in time about 600 billion Euros with which to make plans for hydrogeological, school construction, a real working plan, the income of citizenship, research and development. Without these resources, it is obvious that we can not really get out of the crisis. The euro has been done to the austerity and austerity for the euro: If you are unable to remedy this contradiction, reducing the conditioning of the Treaties, not if it comes alive.

The emergency I have studied at the national, rather than European. And in Italy you can immediately issue of paper money, the State may issue vouchers, vouchers, certificates of credit erariali to pay its debts denominated in Euros but they are not legal tender, after which this fiduciary money goes to circulate among individuals, restarting the economy and then the state accepts it in payment of taxes and duties. If this is done at the beginning of the accounting year and has an effect on GDP will not increase the deficit. If Italy could invest in this way, 50-100 billion a year of its claims processed in Euros to make investments, then certainly that would incorporate competitiveness and efficiency.

At European level, everything remains at the theoretical level: impose the fact that investments are outside of Maastricht would be a great step forward, but in theory, as it is theoretically also say leave the euro to return to currency devaluations, because the 'EUR was just done to prevent Italy devalued. A bill are the theoretical discourses of esteemed colleagues, I share the analysis and also the solutions, but only at the level of theory and academia. In practice, however, we must confront the fact that the single currency was created to prevent Italy from being too competitive.

In the present context, what is the country that could put a short ultimatum for participation in the euro zone?

If you do not thinks so it comes out: save us all if we accept the same rules and the same logic for the next. If Germany wants un'austerity Limited for themselves and for all the other Europeans (without selecting for the East) and France wants to protect itself, but not for the others it comes out. The real change of views, attitudes, mentality: selfishness leads only to destruction, wars, violent social conflict, barbarism.

Believes, however, that there is a country where the situation is most at risk?

Certainly in France, where social tensions are at breaking point and even Marine Le Pen could prove to be suitable for the leaders to get out, despite his statements altogether moderate and somewhat acceptable. The risk is that other forces take over. Even in Italy can be seen in both M5s on the bright side, ie you have moved a whole series of new energies, but as well the same Grillo said, the fact that he had appeased the degeneration of the protest still potentially out of control ready to ignite. If the 5 Star Movement talks with Nigel Farage, the scenario is post-European, vice versa, the paradox is that with Le Pen may come to a confederation of sovereign states invoked even by Putin. This presupposes, in my opinion, at least a dual circulation. Virtual currency, accounts and offsets and international money real, popular, nationwide.

Interview conducted by Alessandro Bianchi for Antidiplomatico. It - thank you.

And Diadia Valodia Sells 20 Billion Cubic Meters of Gas at Japan

New coup for Putin contract for gas supply to Japan for 20 billion cubic meters.
At this point I suspect that Moscow should thank us for Euro Maidan.

If we look at the events in the cold, by the riots provoked by the U.S. and Europe (Poland) during the Olympic Games in Sochi, Russia has literally woke up (said not to wake the "Russian bear" at the end is damn true) and in the order :

     Create a circuit to Replace Credit Cards Russian Visa and Mastercard
     He pushes harder and harder to get to the establishment of a World Bank and IMF, consisting solely of emerging countries
     Pushes to create a circuit for the settlement between banks different from Swift
     Signs a major supply agreement with China Gas
     Create Eurasian Union with the Russian ruble as the currency of reference (USSR 2.0)
     Prohibits the use of state-owned enterprises to sell dollars hydrocarbons (Ruble and Euro)
     Companies and Wealthy Russians close open accounts in U.S. banks +
     Abbreviation various trade agreements that do not involve the use of the U.S. dollar but the ruble
     Enter the microchip market for matters of national security
Yes, there will be "costs" for the actions of Russia. Guess who pays?

     LONDON - The parasites in Brussels as well as being ruthless and arrogated are also complete idiots because their anti-Russian policy is proving to be one of the most 'big nonsense of recent years.

     Since that time you do not talk about sanctions to be imposed on Russia economically damaging but until now the only ones who are risking big are the Europeans saw that the Russian government has already 'found new lucrative markets for its gas.

     In this regard, in recent days, Russia has signed a new trade agreement with Japan for the annual supply of 20 billion cubic meters of gas taken from the share previously destined for Europe.

     After the closure of nuclear power plants caused by the Fukushima disaster, the Japanese government was desperately searching for alternative sources of energy, and although the U.S. government has tried to prevent this agreement, many Japanese MPs have been shown to favor considering that this was the solution better.

     This explains why the Japanese government has approved a fiananziamento from $ 6 billion for the construction of a 1350 km submarine pipeline that will connect 'the Japanese island of Hokkaido island of Sakhalin.

     However, until the pipeline is ready, Gazprom will strive to supply the Japan of LNG by sea.

     This agreement follows the agreement signed a few weeks ago with China to $ 400 billion, and demonstrates the ability 'of the Russian government to find new markets for its gas with all due respect to those who hope to damage Russia economically by imposing new sanctions. Also, is not 'like delays that other countries could follow the example of China and Japan.

     On the other hand anyone with a bit 'of common sense would realize that the attitude of the EU towards Russia and' a true political suicide, but it is known that the bureaucrats Community of common sense have never had and for this reason and 'now that we come out of this evil institution. But Renzi announced their agreement with Obama for the sanctions to Russia ... In other words: to insist with the idiocies.

Developments in the first 100 days of Renzi: a lot of smoke, a little roast!

Developments in the first 100 days of Renzi: a lot of smoke, a little roast!Scenarieconomici.itIt's been 106 days since the establishment of the Government Renzi. The former mayor Matteo Renzi has made promises.We see the major promises made synthetically and see how many he has manta rays.

    1 - INSTITUTIONAL REFORMS and by February ELECTORAL REFORM -> not implemented

    They are in parliament and did not see the conclusion
    2 - REFORM OF WORK by March -> not implemented

    It 'was launched only the DL Poletti, who deals in practice only the "simplification of the provisions relating to fixed-term employment contracts." The work to dl signature Poletti is only the ghost of dazzling Jobs Act promised by Renzi. It does not create even a job (not for nothing that the DEF expects rising unemployment) and increased job insecurity. There is no 'trace of promise "Reduction of various contractual forms, over 40, who have produced a stew unsustainable" and lacks the "integration contract indefinitely increasing protections."
     3 - PUBLIC ADMINISTRATION REFORM by April -> not implemented

    Nothing, nothing at all, despite endless promises, not even a DDL.
    4 - TOTAL PAYMENT DUE PUBLIC ADMINISTRATION by early March -> not implemented

    Renzi said in February that the Deposits and Loans Fund in 15 days would unlock 60 billion blocked for the debts of the PA "Then endless referrals. Renzi for the debts of the P.A. will be paid by September, for the DEF by October, for Delrio (latest version) by the end of 2014 (so even November or December). In summary, nothing more 'total.
    5-80 EURO PAY ENVELOPE -> Made (but the covers are dubious)

    The shell is decidedly dubious. It 'been a tip election, it' more 'it' less.
    6 - CUT THE COST OF ENERGY and IRAP for Companies within May -> not implemented

    The IRAP cut of 10% there will be 'only in 2015, while the cost of energy vacuum. In the meantime entered into force blows new corporate tax (increases in taxation on capital and on property and industrial buildings)


    In the meantime ... the economic data continue to be bad (negative GDP, Unemployment records, etc) ....

    In Europe ... and the line does not change ...
    and wonder of wonders to award the market rewards the bag salt.

Italy - The farce of so-called refugees

Exodus induced clichés and false -gooders is in
going on for years , an attack on Christ's vicarious
by the enemies of Jesus 's why !

 The farce of so-called refugees - Exodus induced and clichés
Rome, Brescia - Arrigo Muscio - Our coastlines are invaded ( every day ) for thousands of immigrants who , proclaiming political refugees or displaced persons, are welcomed (even by our warships ) with every consideration . The media make us a " head so " every day talking about unaccompanied minors ( why we are not told ) of pregnant women , etc. .. The usual refrain ! Our banana republic is still stigmatized as yet " naughty " against refugees . In this reflection I want to emphasize a couple of concennti , pointing out the following:

 Refugees from what?
1) After the Arab Spring were toppled by which the " tyrants " of the neighboring African states , which was followed by " free elections " on the part of the citizens themselves , have increased the so-called refugees. Refugees from what? (but there was not - add - the export of Western democracy , glide on the wings strong and proud of " Arab Springs " ?) 2) The invasion of Italy covers essentially as if someone raises the back of the chair , detoxifies organized by misinformation , went personally in European countries and looks directly at the situation in the various cities (eg, Oslo, Copenhagen , Valencia , Barcelona , Lisbon , etc.). turns out that in the rest of Europe the situation is completely different immigrants . The thousands of so-called refugees are housed in various hotels and facilities, loitering here and there, virtually non-existent . They live only those engaged in various business activities . A Nazaré (famous seaside resort in Portugal) I have not noticed a cumprà vu . As I have not noticed in other European cities. How so? Instead I saw thousands of foreign workers engaged in various roles, such as on cruise ships .
 Colonized and fools
3 ) In our banana republic , in which the chairmen of the board will no longer be appointed on the basis of the results of national elections and in defiance of the most basic criteria of democracy (so much so that the preferences have been removed and if they look good by rintrodurle ! ) I've never met an immigrant , including those that stretch out his hand for alms or who roam with his hands in his pockets, he asked me if I knew a few job opportunities. Find it convenient to enjoy the hearty support of the Bel Paese not look for work ? 4) Why Europe condemning Italy for non- prison sentencing and above all for the absence of democracy ? 5 ) Why Europe does not condemn her for so many criminals on the loose pluricondannati that , thanks to the lax laws , commit crimes to the detriment of Italian subjects ?

 The work, the gravy and the Playland
6) The money for the reception of so-called refugees (according to what documentation , etc. situation found . Nobody knows! ) There are always , while those for research, for the police , for classrooms dilapidated and dangerous for the restructuring of justice computing , health and so on. languishing and the adaptation of the board within two thousand euro net who knows when they will see the parties concerned. 7) Why is the so-called refugees (most of them young and strong ) must not engage in work activities ? Who said that they just enjoy the benefits ? The Bible ? Absolutely not! ("Who does not want to work should not eat " 2 Thes 3:10). The constitution ? Where?
 The gooders intolerable
8) How did the supporters of immigration gooders do not accommodate one or more to head home to their place of rifilarli in pants ? Among them are politicians ( senators , deputies, councilors ) , trade unionists, ministers , journalists, teachers , bishops , cardinals, people of culture and bulging wallet etc. .. What a fine example that would give ! 9) Why , for example Ukrainians , who are at war , do not come in droves in Italy in search of acceptance ? They are only Muslims who " invade " ? Which , given that both in Morocco and in Tunisia , in Egypt and in Palestine (etc. . ) There are millions of people who live and work on a regular basis ? 10) The UN what does it do ? Sleep? It receives contributions from all member states of what use are they ?

 Attack the vicar of Christ on the part of the enemies of Jesus
I could go on but I will stop here and go back to the main question . How come only in the Bel Paese ( beloved of caste, pimps , thugs from domestic and imported , from corrupting, the Dodgers , the violent , the rapists, the criminals on the loose etc.). Happens the above ? And this is what they say at the bar and on several occasions the ordinary citizens , the ones that keep the cabin ! Simple ! Because in Italy there is the vicar of Christ and the enemies of Jesus (in close alliance with the descendants of Judah ) attempt to stifle the political - administrative operating the Catholic Church. In fact , coincidentally , the beneficiaries of each account are those who do not " acknowledge Jesus Christ as coming in the flesh" which , according to the eternal Word of God ( and not according to that of the prelates ) should not be accepted. I do not say but the Holy Spirit , "For many deceivers have gone out into the world, who confess not that Jesus Christ is come in the flesh. This is a deceiver and an antichrist ! Take heed to yourselves , that you may not lose what you have achieved , but may receive a full reward . Who goes further and does not adhere to the doctrine of Christ , hath not God Who abides by the doctrine , hath both the Father and the Son. If someone comes to you and does not bring this teaching , do not receive him into your house nor greet him ; for he who greets him shares in his evil deeds . "(2 Jn . chapter 7 ) . Concept expressed by the great Pope Leo XIII nell'Inimica Vis, that will never be beatified Pope for his actions denunciation of Freemasonry ( Humanum genus , hostile Vis) .
Traduzione google.
Fonte: http://www.quieuropa.it/italia-la-farsa-dei-cosiddetti-profughi/