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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (37657)7/23/1999 3:03:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116779
 
Darleen,

Money is created when a loan is issued for a product of service, instead of cash payment.

Destroy that money, and you have less left to loan, and less willingness to loan what you have except to your best customers.

"Destroying" money through loan defaults should increase the value of that which remains. But it will crush the value of assets.

Any other opinions out there?

Regards,

Ron