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To: Ilaine who wrote (106132)6/2/2001 5:41:37 PM
From: jjetstream  Respond to of 436258
 
<Poor Schumpeter must be whirling in his grave like a rotisserie at having his name taken in
vain like that>

I had a tough time getting a handle on those passages.....



To: Ilaine who wrote (106132)6/2/2001 7:48:14 PM
From: robnhood  Respond to of 436258
 
What BS you are spouting---- According to Noland he said that credit creation should help an inovator/entrepeneur.. Makes perfect sense to me..The ability to repay created credit...... Why would he real in his grave over that statement?



To: Ilaine who wrote (106132)6/3/2001 9:08:17 AM
From: yard_man  Read Replies (3) | Respond to of 436258
 
do you think "bubble" is an innapropriate word to use for the large exapansion in debt? Do you not regard the increases in the last 3-5 years as staggering and a sure impediment to further economic growth? What measures would you use to term a rate of growth of credit excessive?


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