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 (79316)	4/11/2000 11:22:00 AM
From: Mike M2	Read Replies (2) of 132070

BGR, you like James Grant ho ho ho he a few books. " Money of the Mind" " Minding Mr. Market" and " The Trouble with Prosperity" . James Grant is a believer in the Austrian school . I don't know where this Y2K removal comes from that is not what I understand but you know what I may be wrong -g- you must also remember that more credit is created outside of the banking system than by banks and the monetary aggregates do not capture this credit creation. Non bank credit does not increase the money supply but it does increase the monetary velocity. The salient point is that all credit regardless of the source of its creation stimulates asset prices. Mike ho ho ho

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next