Posts with the tag monetarism

Keynesian Crisis

griffith — Sat, 25 Oct 2008 03:45:02 EDT

Keynesian economics was an innovation for organizing production so that growth, success in the marketplace, could still be measured by the profit margin in the classical economic sense.

Monetarism allows the measure of legitimate success of the classical model into the neo-classical world of managing cyclical crisis that does not necessarilly produce legitimately pluralistic, free-market results measured by the profit. It allows for maximum profit with minimal growth, and a way to "successfully" manage the instability that causes.

The Great Recession?

griffith — Wed, 08 Oct 2008 03:01:09 EDT

We are hearing that the economic crisis we are now experiencing is unprecedented.

No.

What we are experiencing is classical economic crisis, easily predictable, entirely preventable.

5% to 20%

griffith — Fri, 04 Jul 2008 03:18:33 EDT

The US has 5% of the world's population and imports 20% of the world's exports.

That gigantic investment of our jobs and capital (your income consolidated) overseas is about to feel what it means to be a part of a command economy in cyclical compression.

Emerging markets are about to experience what a bear market, and the magnifier effect, means. That 20 percent import factor is no coincidence.

So how will the retributive value on a consolidated wealth on a global economic scale be managed?

Will it be an overwhelming demand for for a strong, central command and control of a supra-sovereign elite--Hamiltonianism on steroids?

Will the Jeffersonian ideal be buried in crisis management?

No. Emerging markets are about to discover what monetizing a comparative advantage is, and that won't be just providing cheap labor.

Very best wishes.

Point of No Return?

griffith — Fri, 04 Jul 2008 02:39:36 EDT

Point of No Return?

I strongly disagree with the going trend analysis that suggests what is different about this deflationary trend is that the job losses are jobs that will never return.

Elits that think it sophisticated to ship our resources and jobs overseas are in for a very rude awakening by means of their own device... monetarism.

The value of the dollar is measured by economic growth--productivity. That productivity, that value, is easily monetized.

Consolidated capital, trying to manage the retributive value, has very sopisticatedly rendered itself obsolete.

Hold on to those dollars, though. They are about to have more value than a consolidated capital could ever, or will ever, give and get.

Obama 2008!

Very best wishes.

Stock in Trade

griffith — Thu, 03 Jul 2008 15:00:31 EDT

http://griffithlighton.blogspot.com/

What Freedom is Not

griffith — Mon, 30 Jun 2008 04:09:19 EDT

http://griffithlighton.blogspot.com/

Can We Have a Depression?

griffith — Sun, 29 Jun 2008 16:07:31 EDT

http://griffithlighton.blogspot.com/

Lack of Liquidity

griffith — Tue, 18 Mar 2008 23:41:12 EDT

Lack of Liquidity

Liquidity is an economic term suggestive of water. It refers to a fluid movement of funds. The reference is to "movement," not availability.