Re: Geldtheorie - The Gang of 8 / Wahnsinn, was du immer findest oT

verfasst von --- ELLI ---, 25.09.2002, 20:49

-->>Wer an geldtheoretischen Fragen Interesse hat, dem sei dieser Link der
>Gang of 8, die sich unter dem Dach des Institute for Creditary Economics <a href=http://Creditary-Economics.org/>Hompage</a> zusammengetan haben, empfohlen.
>Bitte beachten, dass der erste Link (Gang of 8) nur mit der Einstellung ‚Cookies akzeptieren' zugänglich ist.
>
>Die Artikel der folgenden Autoren seien besonders empfohlen (jeweils Autor anklicken, dann Artikel wählen):
>Gardiner
> Gardiner,Principles_of_Creditary_Economics
>Hudson
> Hudson,M,0002The Early Evolution of Interest-Bearing Debt.DOC
> Hudson,M,0010,Reconstructing the Origins.DOC
>Wichtig> Hudson,M,0003,The_Cartalist-Monetarist_Debate_in_Historical.doc
> Hudson,M,0011,The Role of Accounting in Civ.DOC
> Hudson,M,Was_the_Jubilee_Year_Utopian_or_Practical_Policy.doc
>Meakin
> Meakin,_Principles_of_Creditary_Economics_Definitive_Credec.doc
>Wray
> WRAY9903_WHAT_IS_MONEY_AND_WHERE_DID_IT_COME_FROM.doc
>Auch die Diskussionsgruppe (zugänglich von der Hompage) bietet interessantes Material.
>Hier noch zur Einstimmung das Credo des Institute for Creditary Economics:
>Statement on Creditary Principles
> for the
> ICE - Institute for Creditary Economics
>
>"... practically and analytically a credit theory of money is possibly
> preferable to a monetary theory of credit."
> Joseph A. Schumpeter, History of Economic Analysis (1954:717)
>
> 1. The differentiation of human labour made a credit system essential for the free exchange of
> goods and services. A direct barter system was inadequate for the fullest possible development
> of the potential of human industry.
> 2. The most potent form of credit was trade credit advanced by one supplier in the chain of
> production to the next in line.
> 3. The debts created by the granting of trade credit are monetised, that is they become a means
> of exchange. The bill of exchange in all its forms has throughout human history and pre-history
> been the way of achieving this object, converting a trade debt into a negotiable instrument which
> is usable as money.
> 4. All money is debt, but not all debt is money, though all debts have the capability of becoming
> money, a means of exchange, by being made assignable.
> 5. Money therefore consists of assignable debts, whether it is being used as a medium of
> exchange or as store of claims on value.
> 6. Money is therefore created by the granting and drawing down of loans.
> 7. When a bank allows a loan to be drawn down, at the same time the credit balance to finance
> the loan is automatically created somewhere in the banking system.
> 8. Savings are retained financial assets, though the period of retention may be brief or long. As
> all financial assets are forms of credit/debt, savings automatically come into existence when a
> new loan is drawn down.
> 9. One of the purposes for which a loan may be granted is real investment, that is the creation of
> new productive assets. It follows that the savings to finance real investment must be created
> automatically by the spending of a loan to create a new productive asset.
> 10. Savings = borrowings (The definition of borrowing in this context includes equity finance).
> 11. The encouragement of saving automatically encourages an equal amount of borrowing.
> There is no reason at all why the borrowing should be solely for the purpose of real investment.
> Among the many assets it may finance are debtors, work in progress, stocks, or consumer credit.
> 12. The only way to promote real investment is to create a favourable environment for it.
>
>
>Viel Spaß!
>Popeye

Thread gesperrt

 

gesamter Thread:

• Geldtheorie - The Gang of 8 - Popeye, 25.09.2002, 15:48
  • Re: Geldtheorie - The Gang of 8 / Wahnsinn, was du immer findest oT - --- ELLI ---, 25.09.2002, 20:49
  • Re: Geldtheorie - The Gang of 8 - dottore, 26.09.2002, 15:14
    • Re: Geldtheorie - The Gang of 8 - Popeye, 26.09.2002, 16:46
      • Re: Es kommt auf den zedierbaren Titel an, nicht auf den Kredit allein - dottore, 27.09.2002, 10:23
        • Re: Es kommt auf den zedierbaren Titel an, nicht auf den Kredit allein - Popeye, 27.09.2002, 12:40
    • Re: Geldtheorie - The Gang of 8 - R.Deutsch, 26.09.2002, 18:31
      • Re: Geldtheorie - The Gang of 8 - dottore, 27.09.2002, 09:53