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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: wlheatmoon who wrote (46095)6/10/1999 10:22:00 AM
From: MythMan  Read Replies (1) | Respond to of 86076
 
>>Boog'r,<<

Who's Wormser? -g-



To: wlheatmoon who wrote (46095)6/10/1999 1:25:00 PM
From: BGR  Read Replies (1) | Respond to of 86076
 
MKC,

China is probably facing a deflation at present (note the article in The Economist two weeks back). Hence, demand is weak. Good jobs, good income and plenty of growth do not happen in a demand vacuum. Weak demand however is usually corrected by increasing the money supply, which can be achieved by reducing the borrowing rate (banks create more money as they lend more).

-BGR.