My old friend Alistair Milne recently published a very interesting paper on Cryptocurrencies from an Austrian Perspective (SSRN, 12th April 2017) in which he explores the use of new technology to reimplement money by taking away
money creation from commercial banks and proposes:
Not exact matches
In this instance, the validation comes
from the
money received in advance of the product's
creation.
«Now, the end of this shift away
from government central bank
money creation to commercial bank credit
creation is that there has to be a bankruptcy — a debt write down.
Other than putting «
money back in the pockets of «some» (but certainly far
from all) Canadians what have these tax cuts done for the economic growth, job
creation, and the general well being of all Canadians?
They revolutionize the currency market,
money creation, value storage, internet payments, international
money transfers and above all they transfer
money - related power
from large institutions to individuals.
The officials said
money to pay for the jobs
creation would come
from a one - time revenue boost
from measures such as changing depreciation rules or having a one - time fee on earnings held overseas.
I'm my happiest self when I'm reconciling accounts, absolutely... but not when reconciling accounts and transferring
money all over
creation is stealing time and energy away
from more important things.
For that reason they are investing their own
money by spearheading the
creation of the Asian Infrastructure Investment Bank (AIIB), the contentious new institution that has yet to receive support
from the United States, Japan, or Korea, and has been held back by the incumbent Asian Development Bank in Manila.
The fundamental problem is that the ECB and the BoJ are trying to implement QE through the normal credit
creation channels of the banking system (which aren't working) and relying on interest rate cuts, instead of creating new
money in the hands of firms and households outside of the banking system by asset purchases directly
from these non-bank entities.
Friedman himself argued back in the 1950s that all expansion of the
money supply should come
from central bank financed government deficits rather than
from new credit
creation by the banking system.
Recognizing that
money was essentially a social and legal institution, a
creation of the state, the author urged the government to finance the railroads by printing its own
money rather than borrowing
from private banks and investors.
I hope there are many Chinese economists who understand banking and the
creation of
money far better than I and will help to steer China away
from international banks.
One who creates
from the heart and finds their work appeals to people who are willing to part with their
money in order to have these
creations in their possession is an honor bestowed upon an artist while she / he is alive!
I get to spend my weekends coming up with all kinds of donut
creations and then on top of it I make a little
money from sharing that donut love.
Those changes include empowering Comptroller Tom DiNapoli's office to review all SUNY and Office of General Services contracts of more than $ 250,000, block state - affilaited entities
from doing business with their boards of directors and
creation of a database of deals to show the total value of subsidies and other inducements awarded to businesses as well as provisions for clawing the
money back.
A bill that would put $ 25 million in state
money into Wisconsin startups passed its first hurdle with approval
from an Assembly committee Friday despite a recent audit that found a number of problems at the jobs -
creation agency that would oversee the
money.
The
creation of the group benefited Mr. Cuomo, as it allowed him to avoid spending
money from his own campaign account on television commercials to support his agenda.
DEVELOPING... Obama campaign defends raising
money from Bain employees to CNN's Dana Bash: «No one aside
from Mitt Romney is running for president highlighting their tenure as a corporate buyout specialist as one of job
creation, when in fact, his goal was profit maximization,» Obama campaign spokesman Ben LaBolt told CNN...
One truly can compare the watching of how big studios and their hired bigwigs operate as the equivalent of watching how sausage gets made, as many of us to very much enjoy the end product, but we would be less pleased if we were to know how a kernel of inspiration
from the mind of a writer can be second - guessed and repackaged due to executive decisions made by relatively visionless empty suits who are in the
creation process solely to make
money, squeezing out all trace of artistic merit where it interferes with bottom - line profit.
Now, the
creation of
money or printing and infusing into the economy, doesn't that devalue the dollar, which in effect is redistribution of wealth
from those who had cash savings?
So after seeing a post by TechCrunch on a new ebook
creation platform that doesn't cost the user any
money, uploads seamlessly
from his Google Drive account, and can be tailored... [Read more...]
So after seeing a post by TechCrunch on a new ebook
creation platform that doesn't cost the user any
money, uploads seamlessly
from his Google Drive account, and can be tailored right there on the screen in front of him, I had to try it out.
And personally, I believe that being an indie author is like getting a dollar AND a piece of gum
from the tooth fairy, because I get the artistic satisfaction of controlling my
creation NOW, and the
money as my reader platform grows and I create and sell more books.
Making
money from your writing does not at all diminish the joy of
creation, the benefits of information or entertainment that are conferred on readers, the quality of the work, or the praise you get
from critics and readers.
The same is true for other wealth
creation common stocks acquired during the quarter at substantial discounts
from readily ascertainable net asset values — including the probable real estate values in Alexander & Baldwin and Catellus; the probable securities values in Brascan (including real estate), Phoenix Companies,
MONY and Toyota Industries; and the probable values of Assets Under Management (AUM) for BKF and Legg Mason.
• Positive job
creation news in Canada was overshadowed Friday amid reports that JPMorgan Chase, the largest U.S. bank, lost $ 2 billion in the past six weeks
from a trading portfolio designed to hedge against risks the company takes with its own
money.
The Federal Reserve Board announces the
creation of the Asset - Backed Commercial Paper
Money Market Mutual Fund Liquidity Facility (AMLF) to extend non-recourse loans at the primary credit rate to U.S. depository institutions and bank holding companies to finance their purchase of high - quality asset - backed commercial paper from money market mutual f
Money Market Mutual Fund Liquidity Facility (AMLF) to extend non-recourse loans at the primary credit rate to U.S. depository institutions and bank holding companies to finance their purchase of high - quality asset - backed commercial paper
from money market mutual f
money market mutual funds.
By owning stock — the most amazing wealth -
creation vehicle ever conceived (except for inheriting
money from a relative you've never heard of)-- you are a part - owner of a business.
We make
money from advertising, sponsored posts, sponsorships, freelance content
creation, and soon, our own products.
If you want to let people make
money off of YOUR stuff, by all means, but there's nothing petty about not wanting someone to benefit
from your
creation.
Now if anyone who is making games purely just for the joy of
creation this shouldn't be a problem but for the developers & designers that would be happy to make some
money from their cool
creations then it's a big problem.
Broussard thought that this would be a brilliant
money saving idea, and would also save time on building an engine
from scratch, thus giving 3D Realms a leg up in the
creation of the sequel.
These paid mods will mostly come
from you, and you can submit them to us for internal review, and as long they pass our qualitative standards, they've be available
from the
Creation Club shop and you can earn a bit of
money, too!»
2016 Passman, Melissa, Art in Focus, (interview), April Boucher, Brian, «11 Booths I could hardly tear myself away
from at Nada New York», artnet.com, May 6 Sutton, Benjamin, «Nada New York Gets Nasty», hyperallergic.com, May 6 Shaw, Michael, The Conversation Podcast, episode # 135, theconversationartistpodcast.podomatic.com, April 15 2015 Griffin, Jonathan, «Reviews in Brief: Max Maslansky», Modern Painters, February, p. 77 Cherry, Henry, «Escaping Monotony with Max Maslansky», Reimagine (online), February Diehl, Travis, «Critics» Picks: Max Maslansky», artforum.com, May 5 Los Angeles Review of Books, lareviewofbooks.org, (image), June 21 Hotchkiss, Sarah, «Sexy Sculpture Fills CULT's Summer Group Show», kqed.com, July 27 CCF Fellowship for Visual Artists 2015, catalog, p9 Archer, Larissa, «Review: Sexxitecture / Cult, San Francisco,» Frieze, October, pp260 - 261 2014 Hutton, Jen, «Max Maslansky», Made in L.A. 2014, catalog, Hammer Museum, Los Angeles Miranda, Carolina A., «Datebook: Boxing painters, teen idols, and John Altoon's short career», The Los Angeles Times, June 5 Zimskind, Lyle, «Channing Hansen's Quantum Paintings are Really Knit», Los Angeles Magazine Blog.com, July 17 Finkel, Jori, «Painting on Radio Canvas», The New York Times, February 7 Khadivi, Jesi, «Curated in L.A», interview with Michael Ned Holte, Kaleidoscope, Summer, pp.110 - 115 Gill, Noor, «' Made in L.A 2014» at Hammer Museum displays work by artists like Max Maslansky», DailyBruin.com, August 4 Hernando, Gladys, «The White Album», catalog, Richard Telles Fine Art, Los Angeles, p. 28 Plagens, Peter, «Exhibit a
Creation of Show, Not Tell», The Wall Street Journal, August 19 Berardini, Andrew, Art Review, September Dhiel, Travis, «The Face Collector», essay for Sniff The Space Flat on Your Face catalog, pp. 15 - 18 Griffin, Jonathan, «Highlights 2014», Frieze.com, December 19 New American Paintings, issue 115, Pacific Coast, December 2014 / January 2015, pp. 118-121 2013 Perry, Eve, «Not Taking the 1990s Very Seriously», Hyperallergic.com, (web), March 27 Griffin, Jonathan, «Made in Space», art agenda.com, (web), March 28 Smith, Roberta, «Art in Review: Made in Space», The New York Times, August 1 «Made in Space at Gavin Brown and Venus Over Manhattan», Contemporary Art Daily, August 6 «Group Show at Tif's Desk at Tom Solomon», Contemporary Art Daily, July 28 2011 MacDevitt, James, Object - Orientation, catalog, Cerritos College Art Gallery Dambrot, Shana Nys, «Web Diver: Turning Strangers» Online Photos into Paintings», LA Weekly, May 2010 Beautiful Decay, (www.beautifuldecay.com), July 22 2007 «Allegorical Statements», Los Angeles Times, May 17, p. E3 2006 Bellstrom, Kristen, «The Art of Buying», Smart
Money Magazine, May 2006, pp. 111 - 13 Impression (Ism): Contemporary Impressions, catalog, City of Brea Art Gallery, Brea, CA, March 2005 The Armpit of the Mole, a drawing compilation, Fundació 30 km / s, Paris, France
there's too much
money involved, and / or they are «following orders»
from the Highest Echelons of the Elite who so desperately desire to control and profit
from every molecule of
creation.
Advising on the pensions issues arising
from the
creation of Strategic Estates Partnerships in which joint ventures with private sector organisations for the delivery of estates and facilities management are entered into to achieve greater efficiencies and value for
money.
The fallout
from this, Solyndra, and quite possibly several other heavily - funded grand ideas is not just the loss of big pots of public and private
money, but the
creation of a snake - bit and conservative economic paralysis in exactly those technological areas that are and will be vital in the near future.
«We will probably start by establishing simple ways to exchange HFC for the larger cryptocurrencies like ETH or BTC so that people can start making
money from their content
creations,» he said.
The basis of bitcoin's
creation, and all virtual currencies that have since followed, was to fix a number of perceived flaws with the way
money is transmitted
from one party to another.
HB 19, which passed the House on Monday and is now awaiting introduction in the Senate, exempts cryptocurrency
from the state's
money transmitter act, a bill that predated the
creation of Bitcoin and made it impractical for cryptocurrency exchanges to operate in the state.
-- including a lien on the stock of a cooperative housing corporation (a «co-op»)-- no lender can enforce its due - on - sale clause due to any of the following prevalent circumstances: (1) The
creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property; (2) The
creation of a purchase
money security interest for household appliances; (3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) The granting of a leasehold interest of three years or less * not containing an option to purchase (5) A transfer to a relative resulting
from the death of a borrower; (6) A transfer where the spouse or children of the borrower would become owners of the property; (7) A transfer resulting
from a decree of dissolution of marriage, legal separation agreement, or
from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property (8) A transfer of the borrower's property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or (9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.