Last week I reached the conclusion that creating an economy that provides enough for everyone requires ending the extreme wealth inequality that characterises the modern…
Tag: Pozsar
This week I’m going to give an overview of the type of reforms that might be necessary to create an economy that provides enough for…
As usual, the blog has become bogged down in reams of detail. I start each section with an outline in my head of what I…
Over the last 7 weeks we’ve explored Pozsar’s work on institutional cash pools. We’ve seen that the wealth diverted from wages to profits (increasing inequality)…
Our investigation into how the redistribution of wealth from wages to profits has seen the concentration of huge stockpiles of wealth in institutional cash pools…
Over the last 5 weeks I’ve outlined what has happened to all the wealth flowing over decades from wages to profit. While we might expect…
In the last post I gave an overview of how the rise of institutional cash pools has impacted financial markets. It was a long and…
Were you the kind of kid that liked to take a toy apart to see how it works? I hope so, because that’s what we’re…
Last week I introduced the phenomenal, yet unnoticed, rise of institutional cash pools – it’s like a mountain erupting in Holland while geographers remain unaware. …
What on earth are institutional cash pools? Have I finally lost the plot completely? Trust me, this is really exciting stuff. An institutional cash pool…