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To: pater tenebrarum who wrote (51610)12/27/2000 3:12:05 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
thanks, Heinz

Practically speaking can this (see below) be done several times over? How would someone like me know to what extent such multipication were actually occurring?

>>on the account of the borrower. now, again 90% of the 900m. can be lent out, and once deposited at the next bank, the process repeats, until the money has magically multiplied into a huge surge in outstanding credit and liquidity.
<<



To: pater tenebrarum who wrote (51610)12/27/2000 3:12:53 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
ain't ever expanding credit cool? HO HO HO



To: pater tenebrarum who wrote (51610)12/27/2000 3:14:18 PM
From: timers  Read Replies (1) | Respond to of 436258
 
that's why there can be no gold nowhere nohow.



To: pater tenebrarum who wrote (51610)12/28/2000 12:38:32 AM
From: Ken98  Read Replies (1) | Respond to of 436258
 
Speaking of repos (ClownBuck Report):

<<10:05 AM Fed adds $6.76 bln in reserves via overnight repos>>

<<it's a modern day form of day-light robbery basically.>>

Day-light robbery or robbery at the speed of light?


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