European Tribune - Comments - Eurozone interest rates thread

Eurozone interest rates thread | 31 comments (31 topical, 0 editorial, 0 hidden)

Re: Interest rate and circulating money... (none / 1)

Worrisome only when you finally realize most money does not, in fact, exist except as entries in electronic accounting systems. Hard money advocates get all bent out of shape about it. Soft money advocates think hard money advocates are idiots.

My conclusion is both sides have a point and one day, Real Soon Now, I'll write a diary about it.

by ATinNM on Thu Dec 1st, 2005 at 05:57:31 PM EST
[ Parent ]

Re: Interest rate and circulating money... (none / 0)

Soft money advocates probably have their wealth in "hard assets", whatever those are.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Thu Dec 1st, 2005 at 06:03:34 PM EST
[ Parent ]

Maybe this will help (none / 0)

Don't think of money as a Noun.

Think of money as a Verb.

by ATinNM on Thu Dec 1st, 2005 at 06:44:14 PM EST
[ Parent ]

Eurozone interest rates thread | 31 comments (31 topical, 0 editorial, 0 hidden)

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