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.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (109725)3/20/2010 2:13:06 AM
From: Hawkmoon  Read Replies (1) of 116555
 
One other point to defend my premise that there's little difference between checking "demand" deposits and savings accounts.

All money that is deposited into a bank technically represents a loan to that bank. It's so identified as such by the fact that the bank pays interest on the money we have deposited.

If checking accounts did not fall under this status, they wouldn't draw interest, right?

So the way those demand deposits are being excluded from money supply is flawed, IMO.

Hawk
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