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To: Ken98 who wrote (72592)10/28/1999 9:21:00 PM
From: Terry Whitman  Read Replies (1) | Respond to of 86076
 
>In addition to printing $$, the bubble can be fed by an expanding supply of credit. The record breaking levels of margin debt are evidence of this.<

Printing money = extending new debt. It's just a more shocking way of saying it. Most people don't understand that money is created out of thin air when new credit is granted. (Unless it is backed by gold or someting solid).


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