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Per Kurowski @PerKurowski
Joined December 2008
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“A ship in harbor is safe, but that is not what ships are for.” John Augustus Shedd (1850-1926) 1988 Basel I risk weighted bank capital/equity requirements: Ships fishing in deep waters - RW=100% Ships staying in safe havens, e.g., Pearl Harbor - RW= 0% teawithft.blogspot.com/2009/…
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If a doctor order walking 10.000 steps, and your children watch you, then you and 3 colleagues should each one carry 4 phones, so each one of you only walk every 4th day. That's akin to what when managing bank regulations, is called financial engineering. subprimeregulations.blogspot…
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We can make very good money by promoting taxes on wealth or, even better, the expropriation of wealth… say many way too much empowered influencers e.g., Joseph Stiglitz and Thomas Piketty. perkurowski.blogspot.com/202…
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What if a Nobel Prize winner in Medicine had assisted the Basel Committee by opining on what would be the best credit-nutrients that banks could supply the economy? Would winners of Nobel Prize in Economics have considered that an impertinent intrusion? 🤔 subprimeregulations.blogspot…
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#AI – Grok: How much is wealth the result of real bread and butter value, & how much of valuations of value? When push comes to shove, are these the same? If trillionaire Elon Musk were to sell all his investments at once, how much would he get for these? perkurowski.blogspot.com/202…
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Unless degrowth is the result of some hard-landing that cleans and brings on some truly important creative destruction, it can never reduce poverty. But, for growth to do so, in a resilient way, it also needs to be of a muscular and never of an obese kind. subprimeregulations.blogspot…
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If the Alaska Permanent Fund (APF) invested in the supply of water and electricity on sunny Margarita Island, against a percentage of all tourism income generated there over some decades, would that not perfectly align financial and climate incentives? 🤔 ourcaribbean.blogspot.com/20…
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Those Americans perceived risky, who therefore always had less access to bank credit & paid higher interest must now, because risk weighted bank capital requirements, face even harsher conditions. No one in US Congress objects such unfair regulations? 🤔 subprimeregulations.blogspot…
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Economists e.g., Nobel Prize winners, tell us: Are bank regulations that favor what’s “safe”, public debt and residential mortgages, over loans to “risky” farmers, small businesses and entrepreneurs, the best way to alleviate poverty and reduce inequality? subprimeregulations.blogspot…
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Using too low octane fuel causes reduced acceleration, poorer fuel economy and potential "engine knock." Current risk averse bank regulations, causes less innovation/productivity, lower growth and, by excessive exposures to what’s “safe”, blown engines. 😡 teawithft.blogspot.com/2012/…
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America’s regulations favor Federal Government’s (the King's) access to bank credit over that of its farmers, small businesses and entrepreneurs (We the People). Still, July 4, 2026, Americans will celebrate the 250th Birthday, as if that’s no big deal. 🤔 subprimeregulations.blogspot…
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From a 1998 Op-Ed: “Exchange rates, while not perfect, are escape valves. By with the Euro eliminating these valves, the Eurozone countries must make their economic adjustments in real terms. This will make these adjustments much more explosive.” teawithft.blogspot.com/2011/…
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When will America’s history books reveal that, in 1988, the bank regulators of the Land of the Brave, agreed to risk averse bank capital requirements and which also favored government debts (the King) over loans to the private sector (We the People)? 🤔 😡 subprimeregulations.blogspot…
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#AI: How much can you tax wealth before you significantly destroy wealth? ChatGPT: “Only a small fraction of total wealth can be converted into ‘money purchasing power’ without triggering large price collapses or inflation.” perkurowski.blogspot.com/202…
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Inteligencia Artificial #IA: En #Argentina, ¿son menores los requisitos de capital bancario para la deuda pública que para los préstamos del sector privado? De ser así, ¿se alinea esto con el liberalismo de libre mercado? Grok-ChatGPT: 1a. ¡Sí! – 2a. ¡No! perkurowski.blogspot.com/202…
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Artificial Intelligence #AI: In #Argentina, are bank capital requirements lower against public debt lower than against private sector loans? If yes, does that align with free-market liberalism? Grok -ChatGPT answered: The first: Yes! – on the second: NO! perkurowski.blogspot.com/202…
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Decades ago, with respect to economic crisis, I opined the continuous longing for soft-landings, only set us up for extremely hard ones. Now, has not a long continuous lenience with all crimes, only set us up to a need/wish for extremely hard punishments? teawithft.blogspot.com/2006/…
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An “ideological brain worm"? Since government can print money, their debts are safer. Therefore, we Basel, decree lower bank capital requirements against public debts, than against loans to the private sector responsible for the repayment of its own debts. subprimeregulations.blogspot…
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4th of July 2026, America's 250th Birthday Would its Founding Fathers be proud if knowing that its current bank regulations are based on risk aversion and, to top it up, much favor the Federal Government (the King) over the private sector, “We the People”? subprimeregulations.blogspot…
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To me great bankers/loan officers, should act with “reasoned audacity”. Sadly, current bank financial engineers, empowered by Basel Committee's risk weighted bank capital/equity requirements, only play a useless and dangerous leverage maximizing game. 😡 subprimeregulations.blogspot…
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