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.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (11797)12/12/2001 11:20:25 AM
From: LLCF  Respond to of 74559
 
<Well, actually I was arguing with Don, not asserting independent claims. >

You were confused as to what 100% reserve meant... I simply helped out.

<business people think credit is a good thing; hard money advocates think hard money is a good thing; and a group of people I haven't yet a name for think credit is immoral - maybe because of interest? - >

No, hard money advocates think credit is fine, this relates directly to the point I made about what 100% reserve requirement really is.

My point is very straight forward, implications clear and has nothing to do with religious or other beliefs.

Sorry, I don't mean to be in anyones face, but the distinction I made is central to the issue being dicussed.

DAK