Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frodo Baxter who wrote (4038)	5/31/1998 3:27:00 AM
From: JF Quinnelly	Read Replies (1) \| Respond to of 9980

It looks to me like Edwards is saying that credit is growing: "I tend to look at the flip side of money supply growth, which is bank lending. Well, guess what? The bank-lending numbers have taken off just recently, too. But not because banks are lending to consumers or to companies. What has taken off is bank lending to directly purchase bonds and bank lending to securities dealers -- which is up 50%, year-on-year, in the U.S."