I'm afraid I do not buy his premise that "intermediate goods" are simply a means to an end, and as long as that end is unimpaired, all is well....
There are some obvious flaws in his arguments. When he says that if trading volumes reduce by half, investors end up bearing none of the cost...
"Hungary and the Czech Republic have raised concerns about the EU's plans for closer fiscal union, saying they should apply only to eurozone...
Well stated.
Top economists choose a graph which helps to explain events thus far. http://www.bbc.co.uk/news/in-pictures-16090055
:D
Germany's relationship with the Eurozone is symbiotic. Without the Euro, German currency would be very strong and those of weaker economies...
"The leaders of France and Germany have called jointly for eurozone countries to have common corporation and financial transaction taxes. The...
If you are that new, you may not even know the right questions to ask. Why don't you start by reading Trading for a Living by Alexander Elder,...
Tip of the iceberg?
Agreed. FCMs do not pay any interest on cash in the account, so there is really no reason why they should have to invest the funds.
Tortoise, Re earlier discussion on quantifying impact of FTT on transaction costs, see page 10. FINANCIAL TRANSACTION TAXES:BENEFITS AND...
I would not disagree, I was merely providing a few examples, not attempting to provide a comprehensive listing.
You could also look at it differently. If the FTT is adopted globally, there are certain implications, eg reduction in transaction volumes,...
Indeed he does. It would be interesting to know what those in favour of the FTT have to say about not wanting to adopt Osborn's bank levy....
Quote: However it is important to note the Commission has now indicated that it "does not agree with" the figure, and points to the fact that the...
If I might suggest, once you have rebuilt the site, you should maintain a copy of the entire directory structure / files on your computer. I...
Financial Sector Taxation - The IMF's Report to the G-20 and Background Material...
Longer IMF Working Paper, not sure if it helps but it won't hurt to know the views out there. I'll try and look at it over the weekend....
Tom, download the pdf and look at page 10. http://efinance.org.cn/cn/fm/Liquidity,%20Asset%20Prices%20and%20Financial%20Policy.pdf
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