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Technology Stocks : Intel Corporation (INTC)
INTC 50.70+5.0%2:46 PM EST
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To: nihil who wrote (97472)1/25/2000 8:17:00 AM
From: GVTucker   of 186894
 
nihil, RE: Money is created by borrowing, and destroyed by repaying debt.

This is the multiplier effect that exacerbates the actions by the Fed. That is why a $67 billion decrease in the money supply results in a much higher decrease in debt, and thus a lower amount of total investment.
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