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Non-Tech : Money Supply & The Federal Reserve -- Ignore unavailable to you. Want to Upgrade?


To: UnBelievable who wrote (359)8/17/2002 5:15:30 PM
From: glenn_a  Respond to of 1379
 
UnBelievable.

A truly brilliant case study you provided in a barter economy of seeds, wheat, vegetables, farmers, and a carpenter. Exemplifying abstract principles in a case study of a relatively simple, concrete example is a wonderful way to teach and learn.

Not surprisingly, your post raised as many questions for me as provided answers. But I think my questions are getting slightly more subtle. A fascinating exercise I must say.

I'm going to try to fit in the notion of Credit in a bit more detail. Also, I still wish to understand better the relationship between wealth, money, credit, and the realities of a deflationary scenario. But the examples you have provided provide a great base for further exploration.

Many thanks and best regards,
Glenn