20 Dec 2021

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  Professor Richard Warner discusses his 2018 Empirical Study with Jussi Ora from Positiva Pengar. The results of his study challenge the foundations on which monetary policy and the economy stand. Werner shows that interest rates do not drive the economy. This means that central bank monetary policy is, to say the least, very inefficient.  A must see for anyone trying tackle prob...
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14 Oct 2021

2021
Please join our community at the upcoming 2021 International Monetary Conference on November 5, 6, and 7th, 2021, hosted by The American Monetary Institute (AMI) .  This will consist of a series of three Zoom sessions: Virtual Meetings via Zoom on November 5, 6 and 7, 2021 Please register here (cost is $35) https://www.monetary.org/register The speakers’ list includes Laurence Kotlik...
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01 Jun 2021

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by Moneta Positiva 2 June 2021. From 9h to 24h CEST 24 TEDX the largest Italian Ideas Marathon ever organized On 2 June, the Italian Republic Day, a 15-hour marathon organized by the 24 Italian TEDx with the evocative title "Digital Democracy" will be held to discuss together how digital evolution has changed and will change the theme of rights and democracy. From 9h to 24h, more t...
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15 May 2021

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by Jussi Ora Positive Pengar hosts Michael Hudson Webinar Thursday 27th May at. 19.00 CEST. Space limited. Sign up here More and more economists state that we have created a “financialised” economy where it pays more to passively own than to work, to run companies or in general to do things that benefits society. The financial elite is becoming increasingly powerful and richer, whi...
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17 Feb 2021

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Important New Book Announcement by Uli Kortsch This book lays out an action plan with some room for improvisation. Will we have the courage to act? Kicking the proverbial can down the road feels easy in the moment but can lead to devastating consequences. The point of a system redesign is to acknowledge we have a broken monetary system, that has drifted far away from serving “We th...
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22 Jan 2021

2021, Uncategorized
By Dr. Joseph Huber What is it all about? Monetary financing means funding of government expenditure by central-bank money, whether directly from central bank to government, or indirectly, in that the central bank purchases government bonds on the open market. In the after­math of the 2008/12 crisis it was especially Adair Turner, last chairman of the UK Financial Services Authorit...
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30 Nov 2020

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The Real Economy and the Financial Economy by Dr. Joseph Huber The financial economy is subdivided into two functional hemispheres, one that contributes to financing the real economy, while the other does not, in short: GDP finance and non-GDP finance. GDP finances include, for example, loans for funding real-economic investment and other expenditure, a firm's e...
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