SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas M. who wrote (81760)6/19/2000 10:05:00 PM
From: Spekulatius  Read Replies (1) of 132070
 
Interesting article Thomas -
if I understand it right, money is created by the nonbank financial institutions simply by allowing credit by leveraging assets, which have not been liquid before.

This reminds my on an old thought of mine from years back. I stated that one could increase the 'wealth' not only by creating more goods or services but also by turning these assets around faster. These transactions might not create real value (like retail) but inflate the GNP and make us all wealthier on paper. I never found out why this system would not work :-).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News