Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BGR who wrote (71610)	12/9/1999 10:45:00 AM
From: Mike M2	Read Replies (2) of 132070

BGR, I think my reply detailing the ratio between credit growth and GDP growth quantifies a clear trend of an inflationary credit growth. The five dollar credit growth for one dollar of GDP growth clearly shows that credit is being created for the purpose of speculative and consumption- not productive purposes. Forget the macro picture lets get micro. if you were to loan me money you would want to know what i intend to do with it. if I used the proceeds for consumption or speculation would you not be concerned about my ability to repay this loan? Wouldn't you prefer to see me use the money to equip a machine shop or set up a massage parlour? ho ho ho Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next