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20 September
President of the French Republic since 2017.
Bienvenue à Saint-Pierre-et-Miquelon, cher voisin @MarkJCarney ! Moment historique. Première visite officielle d’un Premier ministre canadien sur cette terre française d’Amérique du Nord. Dans un monde en crise, notre amitié est une force. Nous affirmons ensemble notre souveraineté, notre liberté de décider et notre volonté de bâtir un avenir de paix et de prospérité. English, from French Welcome to Saint Pierre and Miquelon, dear neighbor @MarkJCarney! Historic moment. First official visit by a Canadian Prime Minister to this French land in North America. In a world in crisis, our friendship is a strength. Together we affirm our sovereignty, our freedom to decide, and our will to build a future of peace and prosperity.
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À Miquelon, la montée des eaux menace l’avenir d’un village. Face au changement climatique, il nous faut nous adapter. Nous relocalisons le village pour protéger ses habitants et permettre aux générations futures de continuer à vivre sur leur terre. Nous adapter, sans jamais nous résigner. Nous continuerons à œuvrer pour protéger les territoires menacés, réduire nos émissions de gaz à effet de serre et limiter le réchauffement. Malgré les crises qui bouleversent le monde, le climat doit rester le combat de notre siècle. Ce message essentiel, je le réaffirmerai aux Nations unies dès demain. Po… English, from French In Miquelon, rising waters threaten the future of a village. Faced with climate change, we must adapt. We are relocating the village to protect its inhabitants and allow future generations to continue living on their land. Adapting, without ever giving up. We will continue to work to protect threatened territories, reduce our greenhouse gas emissions, and limit global warming. Despite the crises shaking the world, the climate must remain the fight of our century. I will reaffirm this essential message at the United Nations tomorrow. Po...
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13 September
President of the French Republic since 2017.
Merci les Bleues de nous avoir fait rêver pour cette première finale de Coupe du monde de l’histoire. Rendez-vous aux Jeux de Los Angeles ! English, from French Thank you, Bleues, for making us dream in this first World Cup final in history. See you at the Los Angeles Games!
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12 September
President of the French Republic since 2017.
Economist; former chief economist of the International Monetary Fund.
From Nicolas Dufrene's @nico_dufrene answer to Quentin @QuentinVandewe2 and me in Le Monde: "Et qui paie ? Seulement la banque centrale qui rémunère les réserves bancaires. Et encore, si l’on veut éviter de prolonger cette rémunération – la seule objection technique qui subsiste une fois les autres écartées –, une solution existe : la banque centrale peut simplement cesser de les rémunérer et augmenter les réserves obligatoires. Blanchard et Vandeweyer le reconnaissent, mais qualifient cela de « répression financière ». Qu’on en juge : les banques perdraient alors une rémunération injustifiée… English, from French And who pays? Only the central bank, which remunerates bank reserves. And even then, if we want to avoid prolonging this remuneration – the only technical objection that remains once the others are dismissed – a solution exists: the central bank can simply stop remunerating them and increase mandatory reserves. Blanchard and Vandeweyer acknowledge this, but call it "financial repression." Make of that what you will: banks would then lose an unjustified remuneration…
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6 September
Economist; former chief economist of the International Monetary Fund.
Quelle eloquence ! Quelle incomprehension de l'economie ! (ou peut-etre quel cynisme? Comment distinguer entre les deux?) Je me permets de reproduire le debut mon article du Monde, avec Quentin Vandeweyer, sur l'annulation de la dette detenue par la banque centrale. Le point de base est simple: Au mieux, ca ne sert a rien. Les details sont plus compliques, mais ne changent pas la conclusion, ou la rendent pire. Une mesure a eviter a tout prix. " Pierre et Paul possèdent ensemble une entreprise. Vous êtes le banquier de celle-ci et vous lui avez prêté de l’argent. Vous apprenez un matin que Pi… English, from French What eloquence! What a misunderstanding of economics! (or perhaps what cynicism? How to distinguish between the two?) I take the liberty of reproducing the beginning of my article in Le Monde, with Quentin Vandeweyer, on the cancellation of debt held by the central bank. The basic point is simple: At best, it's useless. The details are more complicated, but they don't change the conclusion, or they make it worse. A measure to be avoided at all costs. "Pierre and Paul together own a company. You are its banker and you have lent it money. You learn one morning that Pi...
lemonde.fr
Quoting @JLMelenchon La Banque centrale européenne possède une quantité énorme de dette de l'État français. Je propose à tous les États de la zone euro d'annuler cette dette détenue par la BCE. Nous sommes tous membres du système euro, c'est donc une dette que nous nous devons à nous-mêmes. L'officialité médiatique a t… Related
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