Overthepeak - overthepeak.com - OverThePeak.com
General Information:
Latest News:
Pre-Perry Post (3) 27 Aug 2013 | 12:25 am
Banks are dealers. Shadow banking is using money-market-funding, for capital-market-lending. Money market `money` is from pensions, insurance companies and the like (real hypothetical digits). `Money`...
Pre-Perry Post (2) 26 Aug 2013 | 11:11 am
This is from the first article I read in this morning’s FT Investment banks are set to shrink the business of trading government bonds and other interest rate products after revenues in their main pro...
Incorporate #2 – Tax Corporations Like People !? 26 Aug 2013 | 01:09 am
So we have this concept that corporations are people. Some want to fight that concept from the approach of changing the constitution. Sure that is one battle that needs to be fought. There are however...
Pre-Perry Post (1) 26 Aug 2013 | 12:41 am
Money is `transferable credit` (IOUs) Money / transferable credit / IOUs is hierarchical (T bills are `higher` than say MBS) In the beginning companies eased their cash-flow problems by issuing `bills...
Dealer of last resort 25 Aug 2013 | 10:57 am
If you haven’t signed up for Economics of Money and Banking, Perry G Mehrling … then you are probably too late, due to the fact that you would probably need to do quite a bit of preparation before it ...
Tea-break over … heads down again 25 Aug 2013 | 12:19 am
Calculated Risk chart – Notice that little tail down at the today end~!? That is the US, going from a blah economy … to a blah-negative economy The poor Fed. Just as they thought everything was sneaki...
It starts with a laugh 24 Aug 2013 | 12:08 pm
Gillian Tett is getting worried. She is obviously trying to make a point. The above article in the FT stresses that central banking is going to have to be increasingly – “The art of storytelling” … an...
Incorporate #1 – Are Corporations People ?! 24 Aug 2013 | 06:13 am
So our buddy William from Rifle, Colorado has inspired me to address a series of posts on the corporation. So the first post must be this concept that the US supreme court has ruled that the corporati...
Capital Accumulation (too easy) 22 Aug 2013 | 12:03 am
In the ole’ days – Efficiency lead to capital formation (do things better … make more money). Capital formation lead to more efficiency (buy new tools and shit). … and on to more and more efficiency a...
Coke adds expense 20 Aug 2013 | 10:55 am
When I go shopping (on a Thursday morning), I have a good look at what other people are buying. If they are buying CocaCola, then I know that they have not really been squeezed yet. Anyone that can pa...
