 |
| Prof. Steve Hanke |
 |
| RVMarkov |
 |
| Vladimir Karolev |
@steve_hanke @KarolevVladimir Who cares about average inflation rate when people in Bulgaria live in poverty and 2 digit unemployment rate?!
— R V Markov (@RVMarkov) July 11, 2013
@RVMarkov @KarolevVladimir Stability might not be everything, but everything is nothing without stability.
— Prof. Steve Hanke (@steve_hanke) July 11, 2013
@RVMarkov @KarolevVladimir That said, #Bulgaria does have a ways to go: Tackling corruption should be at the top of the to-do list
— Prof. Steve Hanke (@steve_hanke) July 11, 2013
@steve_hanke @KarolevVladimir There is no stability when people live in misery without job and decent income
— R V Markov (@RVMarkov) July 11, 2013
@steve_hanke @KarolevVladimir Ask the protesters of #ДАНСwithme what they think of inflation rate...
— R V Markov (@RVMarkov) July 11, 2013
@steve_hanke @KarolevVladimir Even with no corruption we won't be able to do anything without an independent nonconvertsble lev n floatingFx
— R V Markov (@RVMarkov) July 11, 2013
@RVMarkov @KarolevVladimir if the currency board was done away with, politicians and various Mafia elements would grab more fiscal power;
— Prof. Steve Hanke (@steve_hanke) July 11, 2013
@RVMarkov @KarolevVladimir the deficit would grow; the country’s debt would grow; Bulgaria’s credit rating would be downgraded;
— Prof. Steve Hanke (@steve_hanke) July 11, 2013
@RVMarkov @KarolevVladimir interest rates would soar; the inflation rate would increase; the economy would slow,
— Prof. Steve Hanke (@steve_hanke) July 11, 2013
@RVMarkov @KarolevVladimir as confidence collapsed; and so on. In short, economic chaos — like that in Greece — would ensue.
— Prof. Steve Hanke (@steve_hanke) July 11, 2013
@steve_hanke @KarolevVladimir Bulgaria won't need loans in foreign currency anymore after introduction of indep Nonconv. BG Lev n float exch
— R V Markov (@RVMarkov) July 11, 2013
@steve_hanke @KarolevVladimir BG desperately needs larger deficits
— R V Markov (@RVMarkov) July 11, 2013
@RVMarkov @KarolevVladimir Without the currency board anchor, #Bulgaria would be tossed around like a small boat in a violent sea.
— Prof. Steve Hanke (@steve_hanke) July 11, 2013
@steve_hanke @KarolevVladimir BNB will set the short term interest in BG at zero for good
— R V Markov (@RVMarkov) July 11, 2013
@RVMarkov @steve_hanke hahahaha
— Vladimir Karolev (@KarolevVladimir) July 11, 2013
@RVMarkov @steve_hanke 99% of the BNB didn't know what a currency board was, when Prof. Hanke was around :-)))
— Vladimir Karolev (@KarolevVladimir) July 11, 2013
@steve_hanke @KarolevVladimir Demand pulled inflation won't occur before we achieve full employment in BG
— R V Markov (@RVMarkov) July 11, 2013
@RVMarkov @steve_hanke Let's not overestimate the expertise of policymakers in a country that has missed 150 years capitalism
— Vladimir Karolev (@KarolevVladimir) July 11, 2013
@steve_hanke @KarolevVladimir Economy will grow rapidly, sales will grow, businesses will grow
— R V Markov (@RVMarkov) July 11, 2013
@steve_hanke @KarolevVladimir Mr. Hanke, you are talking of gold standard or fixed exchange rate monetary system.
— R V Markov (@RVMarkov) July 11, 2013
@steve_hanke @KarolevVladimir I am talking about modern monetary system. We live in year 2013! Wake up, sir! pic.twitter.com/AwRTgBrtMU
— R V Markov (@RVMarkov) July 11, 2013
@KarolevVladimir @steve_hanke Don't sell yourself...and myself short! Today we have the MMT knowledge, so no excuse anymore. :-)
— R V Markov (@RVMarkov) July 11, 2013
@RVMarkov @steve_hanke It is a rare and exotic sight to see someone teaching economics to Prof. Hanke ;-)
— Vladimir Karolev (@KarolevVladimir) July 11, 2013
@steve_hanke @KarolevVladimir It is just the opposite, sir. The currency board is killing Bulgarians every day.
— R V Markov (@RVMarkov) July 11, 2013
@RVMarkov @steve_hanke Yes. Not being able to revert to hyperinflation is killing Bulgarians. Corruption has nothing to do with that :-)))
— Vladimir Karolev (@KarolevVladimir) July 11, 2013
@KarolevVladimir @steve_hanke Yes, because I am talking of modern money economics and students still study gold st. fixed exch rate econom.
— R V Markov (@RVMarkov) July 11, 2013
@KarolevVladimir @steve_hanke I am talking about full employment and price stability at the same time
— R V Markov (@RVMarkov) July 11, 2013
@RVMarkov @KarolevVladimir The only thing #Bulgaria's Currency Board kills is inflation pic.twitter.com/J8pADIIhMM
— Prof. Steve Hanke (@steve_hanke) July 11, 2013
@steve_hanke @RVMarkov hahahaha rocked
— Vladimir Karolev (@KarolevVladimir) July 11, 2013
@RVMarkov @KarolevVladimir For good measure pic.twitter.com/ez2D3p9Fev
— Prof. Steve Hanke (@steve_hanke) July 11, 2013
@KarolevVladimir @steve_hanke The currency board can't do anything against deflation and unemployment.
— R V Markov (@RVMarkov) July 11, 2013
@RVMarkov @steve_hanke Monetary policy has tragic history of doing anything against anything, to be honest.
— Vladimir Karolev (@KarolevVladimir) July 11, 2013
@steve_hanke @KarolevVladimir Nope, it killed employment and sales
— R V Markov (@RVMarkov) July 11, 2013
@steve_hanke @KarolevVladimir Nice talking to you guys, have to go but take a look at either of these books, thanks pic.twitter.com/MY7XNIBTHp
— R V Markov (@RVMarkov) July 11, 2013
@KarolevVladimir @steve_hanke I agree with you here 100%!
— R V Markov (@RVMarkov) July 12, 2013
a currency board is an instrument of colonial exploitation, designed to force net exports in exchange for net financial assets via downward adjustment of real wages via 'deflation.'
ОтговорИзтриванеIt's not wrong to call it a crime against humanity.
www.moslereconomics.com
It's a tragedy. Thank you for stopping by!
Изтриванеhttp://mikenormaneconomics.blogspot.com/2013/07/twitter-dispute-mmt-against-professor.html
ОтговорИзтриванеChina now has banking branches in the USA based on chinese currency (to make it easier for the chinese who have yuan), china is buying up real estate in detroit and other places, with stated goals of exporting citizens to those areas, in enough numbers to take over local politics and affect all kinds of laws and business decisions, china is blowing up tennessee mountains to send the coal back to china, from my perspective as a USA person living in the USA, war has been declared on my homeland by China, and they are going to win ;) That you mention a book about chinese growth seems misplaced. They are invading africa, my country, maybe yours too in the future, they have mismanaged thier growth, and now see conquest and exporting of citizens as thier future to handle it. As bad as the chinese are though, recently I was in the phillippines and in the national newspaper a government official made the statement that philippine overpopulation was a good thing for the world because then we could send philippine wives to older men to make good spouses, and also send philippines worldwide to help with healthcare issues, sounds like a foreign invasion by an occupying military force to me, what would Bulgarians think if 10 million chinese and 20 million philippines showed up and bought up all the land, took over all the politics, jobs, etc etc? hmmm.... :)
I don't think the Chinese government follows the MMT principles in a scientific manner.
ИзтриванеHave you read the other book on the pictures above: "The 7 deadly innocent frauds of economic policy"? From what you wrote I can say you haven't. Highly recommended.
For the last 23 years Bulgarian population diminished by 22%, from 9 million to about 7 million living now in Bulgaria. So maybe when 10 million Chinese and 20 million Philippines show up in Bulgaria we might greet them.
В тази дискусия ме впечатлиха две неща, които искам да споделя:
ОтговорИзтриванеПървото е приятно впечатление: световното икономическо светило проф. Стив Ханке, който в момента е в България и стана почетен доктор на БАН, отделя време да обсъжда ММТ с Райчо Марков. И то го приема сериозно, замисля се и привежда аргументи.
Второто е пълно разочарование: нашето икономическо светило Владимир Каролев, се оказва едно шарено папагалче, което може само да подскача около световния авторитет и възторжено да пляска с крилца.
Разочарован съм в своята преценка за Каролев, защото преди месец му изпратих две кратки писма с линкове към настоящия блог и молба за професионално мнение за ММТ. Не получих отговор. Сега знам – няма нужда от отговор. Възможно е разбира се, писмата да са отишли в спам или да не ги е забелязал в огромната си кореспонденция. Но се съмнявам.
Как Каролев попадна в тази дискусия?
Да - технологията (Туитър в случая) свърза проф. Ханке - генерал от неолибералната вуду школа с ММТ редника Марков. Технологията и знанието са естествен съюзник на демокрацията. Догмата в мисленето винаги е защитник на консерватзма и статуквото.
ИзтриванеПонеже г-н Каролев ретуитна първия туит в дискусията по-горе на проф. Ханке относно средната годишна инфлация в страни с валутен борд. И аз понеже следях г-н Каролев, но не и г-н Ханке, отговорих. Така се озовах в спор с двамата - кукловода и куклата. :-)