tag:blogger.com,1999:blog-30230453.post8288681755715376867..comments2024-02-12T23:26:46.952+00:00Comments on DQ - Unplugged: Where in the world is Asian Thrift and the Global Savings Glut?DQhttp://www.blogger.com/profile/15299410205130238473noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-30230453.post-4966748383714144592009-08-23T23:16:11.767+01:002009-08-23T23:16:11.767+01:00What I see missing is the fact that being the rese...What I see missing is the fact that being the reserve currency places the US dollar in a position to be hoarded in the form of immediate loans back to Wall Street, a feature that was a complaint of Jacques Rueff as far back as the late 1950's in his writings titled "The Monetary Sins of the West". This would have mattered only a little had Wall Street not created a pile of mannfm11https://www.blogger.com/profile/06507232690375884354noreply@blogger.comtag:blogger.com,1999:blog-30230453.post-41066897455586095132008-12-10T00:58:00.000+00:002008-12-10T00:58:00.000+00:00Normative consequences? An anonymous poster has a...Normative consequences? An anonymous poster has already mentioned the <A HREF="http://blogs.ft.com/wolfforum/2008/12/global-imbalances-threaten-the-survival-of-liberal-trade/" REL="nofollow">debate</A> going on (from 2008 December 3rd) at the Financial Times's Economists' Forum. Lots to think about there.DQhttps://www.blogger.com/profile/15299410205130238473noreply@blogger.comtag:blogger.com,1999:blog-30230453.post-8392526443204253372008-12-09T12:12:00.000+00:002008-12-09T12:12:00.000+00:00I see that the Niall Ferguson - Harvard Professor ...I see that the <I>Niall Ferguson</I> - Harvard Professor after all - that Cherrybites's <A HREF="http://cherrybites.wordpress.com/2008/11/19/dont-hate-me-because-im-thrifty/" REL="nofollow">post</A> rails against now even has an entire TV show devoted to his idea. Is Louise saying that what "DQ - Unplugged" talks about here is obviously wrong? Seems to me heavyweight opinion out there is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30230453.post-62853235935881826862008-12-09T12:03:00.000+00:002008-12-09T12:03:00.000+00:00I'm not sure what Louise means by "very obvious po...I'm not sure what <B>Louise</B> means by "very obvious points". Martin Wolf's Financial Times column (03 December 2008) and the subsequent <A HREF="http://blogs.ft.com/wolfforum/2008/12/global-imbalances-threaten-the-survival-of-liberal-trade/" REL="nofollow">discussion</A> seem to disagree considerably with the points made in this post.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30230453.post-70639558749685002902008-12-01T03:46:00.000+00:002008-12-01T03:46:00.000+00:00sometimes very obvious points still need to be mad...sometimes very obvious points still need to be made.Keely-Walkershttps://www.blogger.com/profile/04928357387461652925noreply@blogger.comtag:blogger.com,1999:blog-30230453.post-34711461951258974882008-11-25T16:18:00.000+00:002008-11-25T16:18:00.000+00:00Really interesting perspective, especially for non...Really interesting perspective, especially for non-economists! There is still so much confusion about correlation and causality 'out there'. <BR/><BR/>Are there any normative consequences of this analysis that can be drawn? In terms of policy, state behaviour and that of other actors of course...? Perhaps this is the wrong question for economists but who else can one ask about what is to be done?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30230453.post-58124016781375298992008-11-20T01:19:00.000+00:002008-11-20T01:19:00.000+00:00http://cherrybites.wordpress.com/2008/11/19/dont-h...http://cherrybites.wordpress.com/2008/11/19/dont-hate-me-because-im-thrifty/<BR/><BR/>refers to this blog entry as counter against the "Global Savings Glut - Asia is to blame for all the world's economic ills" view.Anonymousnoreply@blogger.com