Douthwaite: Why our economy needs inflation

Citation added: September 15th, 2008, 5:15 am
Richard Douthwaite argues for inflation to lift the debt burden from the Irish people.
Additional Source Details

douthwaite | inflation | debt | money | moneysupply | ireland | ecb | newspaper

Breaking the Bank - Page 3/5

Citation added: August 11th, 2008, 5:49 am
Page 3 of 5 in Richard Douthwaite's analysis of the Irish banking system. Here he notes the risk posed by credit contraction to any banking system, "progressively more difficult for people to service their debts because, when the money supply is shrinking, there's less liquidity available out of which they can make the payments as they fall due".
Additional Source Details

money | banking | ireland | debt | credit | contraction | deflation | default | douthwaite

Breaking the Bank

Citation added: August 11th, 2008, 5:44 am
An opinion piece by economist Richard Douthwaite highlights the enormous risks to Ireland's banking system. He shows how Ireland is the most indebted country in Europe and how are becoming increasingly unable to service that debt.
Additional Source Details

ireland | economics | finance | banking | money | debt | property | crash | douthwaite

Website Screenshots by Custom Shots

Tags

banking debt douthwaite ireland money

The "Money Citations" area of Footnotez is authored by 5 unique contributors. "Money Citations" is also available as a RSS feed for syndication.

 del.icio.us | digg | Squidoo | Technorati | Yahoo My Web
Bookmarkz