During the Second World War French fashion industry was cut off and gave the American designers an opportunity to prosper.* Those designers were often promoted by Dorothy Slater at the Lord & Taylor who bought Katja Geiger’s first collection and therefore helped Katja with her start of a long design career. 113 more words
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Steven Joyce, NZ Minister of Finance, has recommended the formal establishment of a committee to help the Governor of the Reserve Bank decide on where to take interest rates, thereby following the example of other central banks around the world. 1,058 more words
Steve Keen is one of the few economists to have warned about the impending Global Financial Crash (GFC) of 2008. Here he shows the core reasoning that helped him make that call. 1,038 more words
Modern Money Theory: Deadly Innocent Fraud #7: It’s a bad thing that higher deficits today mean higher taxes tomorrow. – Warren Mosler.
Fact: I agree – the innocent fraud is that it’s a bad thing, when in fact it’s a good thing!!!
Why does government tax? Not to get money, but instead to take away our spending power if it thinks we have too much spending power and it’s causing inflation. 181 more words