« Is Banking Unusually Corrupt? Becker | Main | China’s One-Child Policy—Posner »

07/22/2012

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Back Taxes

Great write up guys. Keep them coming!

Back Taxes

Everything has a certain degree of corruption that cannot be totally taken away. Of course greed and corruption will flock where there is money and a way to extract that money, hence the banking system.

Mark Griffith

All these points have substance, although I don-t see any discussion of the role of increased risk and more complex hedging since the end of Bretton Woods at the start of the seventies.

The arbitrariness of using one or more metals to back a currency (and the monomaniac narrow-mindedness of the typical gold bug) have made the bygone era of slow-moving exchange rates faintly embarrassing for most economists. However, the advantages in simplicity, transparency, and stability of that vanished world which had a far smaller number of financial markets and derivatives are rarely mentioned, even by the most rabid hoarders of precious metals.

Bankers can no longer be people who mainly assess the riskiness of borrowers in long-term contexts when they are surrounded by a host of other short-term opportunities and risks for transaction loss or gain on constantly moving markets. At its simplest, the problem is one of distraction. There are simply too many ways now for bankers to make transaction profits for there to be much appeal in an activity as vanilla as lending it to someone long-term to help them set up a factory that might manufacture something.

replica rolex

Every day we a happy life full of vitality and power because it accompanied, was not wrong to believe that their own choices.Sapphire crystal.Full stainless steel band and case (not stainless steel coated so will NEVER fade or wear!).Screws in the links not pins.Rubber seal at trip-lock winding crown.Rolex logo laser etched at 12 oclock position on sapphire crystal.

breitling replica watches

Lots of animal architectonics watches. Not just accustomed fashions. They all alpha out somewhere. The basic activity if accomplishing your arcade is to accretion a architectonics those appeals to you. Whether or not it is a architectonics watch or not. Be constant that the anxiety is of adequate superior replica breitling watches, however, or you will be afraid down the alleyway if it stops animate so afresh afterwards you bought it.

Florida life Insurance

This sure wins a few points in the bike uglification process. But what happens when it rains on them? They'd get all soaked and drip on you in your next ride. Gross.

chrminggirl16@gmail.com

This is a nice post in an interesting line of content.Thanks for sharing this article, great way of bring this topic to discussion.

shopping airlines

James Swede

Brilliant post - the crux of the matter, as you seem to suggest is the attitude to capitalism itself. Communism failed as a system and unregulated capitalism cannot work either. Regulation which is not implemented properly is just a political sop. This has been the problem.

DAVID REA

Rogue members in private banking at RBS + ABN Amro act like criminal crews.

Laws + rules do not apply to them.

They operate by the 3 D's: DENY, DELAY, DESTROY.

We are insiders exposing the next big banking scandal involving private banking fraud, asset hiding, black money,money laundering + tax evasion.

This HIGH LEVEL private banking is much more than numbered bank accounts + offshore credit cards.

High level private banking can be hazardous to your health if you get in their way.

WE are in their way!

See + keep up to date with our library of Press Releases + postings of evidence until we break out this story in the headlines:

http://thewhistleblowers.wordpress.com/introduction/

The comments to this entry are closed.

Become a Fan

May 2014

Sun Mon Tue Wed Thu Fri Sat
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31