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Politics : Emersons Financial Eve of Destruction Board -- Ignore unavailable to you. Want to Upgrade?

To: tyc:> who wrote (10)	9/24/2007 1:11:01 AM
From: Proud Deplorable	Read Replies (1) \| Respond to of 15

"only a percentage of each deposit is loaned" oh? I wouldn't know but I was under the impression that hundreds of % of original money loaned (from the CB) was circulating. If what you say is true this is the responsible thing to do but then tell me where the rest goes. Does it just sit there? "Does the absence of a market for the asset signify no value ?" Depends if the asset was purchased as an investment or as something for ones own pleasure. Not everyone buys assets to make a greater return on them. I was just thinking today that I need to start collecting something for fun. Making money for me was always easy and unrewarding