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nickeltong

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nickeltong

Re: langostino post# 11133

Tuesday, 01/13/2004 12:44:22 AM

Tuesday, January 13, 2004 12:44:22 AM

Post# of 147483
Lango: I am disappointed in you.

"If you go take out a $5,000 loan from the bank, pull $5,000 off a credit card, get a $5,000 tax rebate check, pull $5,000 out of your savings account, then get a $5,000 home equity loan and use the $25,000 to buy a car, is there economic growth going on, or just a whole lot of economic activity?"

It's economic activity and economic growth. Economics 101: growth of money.
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