article thumbnail

Descent of the Global Monetary System

Tom Spencer

In the long run, it would seem fairer to base the global monetary system on an asset that is not produced exclusively by any one nation and which people are generally willing to accept as valuable. Bretton Woods System: 1944 – 1971. The Bretton Woods System created a kind of monetary discipline.

System 88
article thumbnail

It’s Not “Time Management.” It’s Lean.

Markovitz Consulting

Unfortunately, companies in the lean community don’t seem to take much note of, or try to copy these experiments, probably because the benefits aren’t reflected on the income statement or balance sheet. But the reduction in office hours can be the stimulus for creative thinking about how to increase productivity and efficiency.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Consultant Ninja: A Simple Question about the Credit Markets.

Consultant Ninja

Heres my understanding of the current TARP/TARPII/PPIP/etc plans: The major "sick" banks wont lend to businesses, because their balance sheets are tied up with bad assets that they cant sell. Should this happen we would suffer major systemic failure, potential hyper-inflation, and illiquid capital markets. at 7:39 PM.

article thumbnail

Why Apple Is Getting into the Energy Business

Harvard Business

Many commercial and industrial buildings have rooftops, parking structures, and unused land that can host systems that are significantly larger and cheaper than residential systems. Some of the energy saved and resold will come from traditional energy efficiency (EE) investments, which companies have been making for many years.

Energy 28
article thumbnail

How the Great Recession Changed Banking

Harvard Business

It may feel as though the financial system hasn’t changed much in the decade since the downturn, but it has. Most of the regulation was meant to safeguard the financial system, and the taxpayers who had to bail it out, from another crisis. Many other financial firms including AIG, Fannie Mae, and Freddie Mac needed bail outs.

Banking 28
article thumbnail

China Cash Crunch Eases, For How Long? Three Things China Needs to Avoid; When can Beijing Truly move to Market-Determined Interest Rates?

MishTalk

The liberalisation is seen as a necessary part of China’s efforts to reduce its reliance on investment and boost consumption as well as to integrate itself more fully in the global financial system with lighter capital controls. Advocates have called for such a system for years, saying it is the cornerstone of further financial reform.

article thumbnail

A New Way to Think About Office Lighting

Harvard Business

Most offices have adequate but aging lighting systems that often operate inefficiently, can waste vast amounts of energy, and annoy employees. Basically, the problem is that everybody wants a better lighting system but nobody wants to pay for it. The customer specifies the outcomes it requires from its lighting system (e.g.,