User: Tim Knight: Infographics: libor.jpg (570×2485)

libor.jpg (570×2485)

Restack of libor.jpg (570×2485) added by Tim Knight.

Comments

sanrafaelsanrafael
Tim, are you familiar with Carlotta Perez? Her work on technology cycles --installation phase verses deployment of the technological breakthroughs for real productive wealth is enlightening and encouraging. 8/6/12
sanrafaelsanrafael
During the Installation phases throughout history, Finance always dominates and exploits, but then during the productive phases, Finance is brought back to "normal" and Productive Activity begins to become more profitable than than simply making money off of money. 8/6/12
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