Monday, March 27, 2023
Saturday, March 25, 2023
Friday, March 24, 2023
Thursday, March 23, 2023
A credit creation theory of banking
Yves here. This is deceptively important post. We’ve regularly mentioned that mainstream economists and the monetary economists at the Fed and presumably many other central banks adhere to the “loanable funds” theory of investment and lending. That model posits that loans come from a pre-existing pool of savings. The credit view, which the Bank of England, and even Greenspan and Bernanke have effectively admitted is how things really work, is that banks create loans out of thin air, and simultaneously, the related deposit. The check on this process is the cost of money (the central bank’s policy rate). This model, unlike the loanable funds story, explains how central bank policy influences credit and money supply growth.
Wednesday, March 22, 2023
Tuesday, March 21, 2023
Monday, March 20, 2023
Sunday, March 19, 2023
Saturday, March 18, 2023
Tuesday, March 14, 2023
Simplicius answers some questions
He seems to be one of the better commenters around. But nobody is perfect and their interest in these problems waxes and wanes.
Saturday Reader's Mailbag Extravaganza - (3/11/23) - Answers
Monday, March 13, 2023
Sunday, March 12, 2023
Bhadrakumar on Saudi-Iran rapprochement
In Indian Punchline “ The agreement announced on Friday in Beijing regarding the normalisation of diplomatic relations between Saudi Arabia and Iran and the reopening of their embassies is a historic event. It goes way beyond an issue of Saudi-Iranian relations. China’s mediation signifies that we are witnessing a profound shift of the tectonic plates in the geopolitics of the 21st century. ”
Saturday, March 11, 2023
Friday, March 10, 2023
Tuesday, March 07, 2023
Monday, March 06, 2023
Sunday, March 05, 2023
A reality check for Modi Govt’s G20 ambitions
A reality check for Modi Govt’s G20 ambitions
“A plausible explanation could be that after being threatened with a regime change orchestrated by the western intelligence — starting with the BBC documentary, followed by the Hindenburg report, and culminating in George Soros’s prognosis of a “democratic revival” in India — the ruling elite panicked.”
And from ‘the Duran’ https://www.youtube.com/watch?v=OfrTlBvstOw
Friday, March 03, 2023
Wednesday, March 01, 2023
Sunday, February 26, 2023
Indian PM offers hints to Russia in critical speech
Indian PM offers hints to Russia in critical speech ;
“Does the Modi quote reinforce the argument that New Delhi is speaking with a forked tongue?
Indian foreign policy mandarins disagree with that notion. They maintain that this is a sign of the changing times, where an “India First” foreign policy is the need of the hour. New Delhi decides for itself, and its independent foreign policy cannot be subject to any kind of coercions.
India, which is home to one-fifth of the world’s population, deserves the right to form and hold its own position and to weigh its own interests in a multipolar world.”
Saturday, February 25, 2023
Friday, February 24, 2023
Another Ukraine update, this time from Simplicius
Simplicious and Big Serge do not report daily but seem to come up with well reasoned and fact based reports.SitRep 2/23: Putin, Prigozhin, PMC's and PMR's Prigozhin saga seems to be temporarily resolved.
Tuesday, February 21, 2023
Monday, February 20, 2023
Overall view of the military situation in Ukraine
COMPLEX, COMPREHENSIVE ANALYSIS FROM SIMPLICIUS76
Four in all. If some of the links do not work, copy the link and pate in the browser. Some are discussed in the comments section of https://www.moonofalabama.org/2023/02/ukraine-open-thread-2023-41.html#comments
Monday, February 13, 2023
Sunday, February 12, 2023
Saturday, February 11, 2023
On the Hersh report
There have been several discussions from John Helmer, MoA, Alexander Mercouris, The Duran and others, some of them differing from Hersh. Here is a brief discussion from Scott Ritter in Judging Freedom.
Friday, February 10, 2023
Thursday, February 09, 2023
Brian Berletic hosts China-Russia historical interactions discussion
IN-DEPTH: Chinese-Russian History with Mark Sleboda & Carl Zha
Yves Smith discusses Russian budget deficit in January 2023
Russia’s Budget Deficit Jumps Amid Plunging Oil Revenues see also the comments for some clarifications
Wednesday, February 08, 2023
An assessment of the overall situation in Ukraine by Douglas Macgregor
Shirt interview with Lucas Leiroz, a Brazilian journalist.
Tuesday, February 07, 2023
Sunday, February 05, 2023
RoundTable 46: Gonzalo Lira with Brian Berletic. US-China tensions and other stuff
Brian is good as usual but there is some confusing stuff from Gonzalo Lira. Not great stuff.
Saturday, February 04, 2023
Friday, February 03, 2023
Thursday, February 02, 2023
Wednesday, February 01, 2023
Tuesday, January 31, 2023
Monday, January 30, 2023
Saturday, January 28, 2023
Transcript: Ezra Klein Interviews Jessica Chen Weiss
About US-China competition Transcript: Ezra Klein Interviews Jessica Chen Weiss
Rand study from April 2019 on prolonged Ukraine war
The reports final policy advice concludes:
A dramatic, overnight shift in U.S. policy is politically impossible—both domestically and with allies—and would be unwise in any case. But developing these instruments now and socializing them with Ukraine and with U.S. allies might help catalyze the eventual start of a process that could bring this war to a negotiated end in a time frame that would serve U.S. interests. The alternative is a long war that poses major challenges for the United States, Ukraine, and the rest of the world.
Wednesday, January 25, 2023
Business opportunities in Ukraine
“Addressing the National Association of State Chambers (NASC) meeting in Boca Raton, Florida on Monday, Zelensky argued that “American business can become the locomotive that will once again push forward global economic growth.”
“We have already managed to attract attention and have cooperation with such giants of international financial and investment world as Blackrock, JP Morgan and Goldman Sachs,”Zelensky said. “Such American brands as Starlink or Westinghouse have already become a part of our Ukrainian Way.”
According to Zelensky, “everyone can become a big business by working with Ukraine, in all sectors: from weapons and defense to construction, from communication to agriculture, from transport to IT, from banks to medicine.””
Long discussion ar Roundtable
Brian Berletic, Dima of Military Summary, Weeb Union take part in the discussion with Gonzalo Lira. The discussion is about the recent firing of various Ukrainian officials, escalation of the conflict by USA which seems to be solely running the show after the recent firings of Ukrainian officials.
On the recent purge in Ukraine
https://gilbertdoctorow.com/ “Panelists on the talk show identified leading members of Zelensky’s Servant of the People party who have been forced from office as folks who were aligned with Boris Johnson. Their replacements are expected to be people more closely aligned with the United States.”
Tuesday, January 24, 2023
Update from Brian Berletic
Russian Gains, US Gears Up for Crimea Escalation, US Proxies Strike China/Pakistan in Train Bombing
Monday, January 23, 2023
Some German generals on Ukraine war
Sunday, January 22, 2023
Saturday, January 21, 2023
Friday, January 20, 2023
Thursday, January 19, 2023
Interview with economist Ashoka Modi
‘A Small Indian Elite Controls Narrative, Talk Of India’s Decade Is Juvenile Economics’ interview with Ashoka Modi by Kavitha Iyer. Hated hitting interview which seems essentially correct to me.
Wednesday, January 18, 2023
Tuesday, January 17, 2023
Sunday, January 15, 2023
Emmanuel Todd o the Ukraine war
Emmanuel Todd on the Third World War The article also links to Economists Radhika Desai & Michael Hudson Explain Multipolarity, Decline of US Hegemony
Saturday, January 14, 2023
Friday, January 13, 2023
Wednesday, January 11, 2023
RGV on Sridevi
Old videos I missed. He seems deeply affected by her.
A few years before when she was alive https://m.youtube.com/watch?v=tFLTu7tUsbA&t=2940sUpdates on Ukraine
There are various updates from Colonel Douglas MacCgregor,The Duran, Military Summar, Brian Berletic. Brian Berletic seems to think that it will be a protracted war like the one in Syria whereas the others seem to see quicker end.
Sunday, January 08, 2023
Friday, January 06, 2023
Thursday, January 05, 2023
Wednesday, January 04, 2023
More about Grothendieck
The Mysterious Disappearance of a Revolutionary Mathematician
Via Pierre Schapira on Récoltes et Semailles which has links to other articles about Grothendieck.
An Englishman and an American have The Ukraine Talk
From December 15, 2022 with audio corrected
Look also the comment
Monday, January 02, 2023
Sunday, January 01, 2023
Another round table discussion from Gonzalo Lira
Almost four hours long about various aspects of Ukraine conflict. I listened to bits of it. Generally interesting.

Promyczek05