one very interesting line in an interesting article

[Spartacus]

http://www.nytimes.com/2006/12/17/bu...erland&emc=rss


paid for with cash raised through debt financing. (This undoubtedly reflects the fact that debt is so cheap right now, Professor Shleifer said.)

[Finster]

Re: one very interesting line in an interesting article

http://www.nytimes.com/2006/12/17/bu...erland&emc=rss


paid for with cash raised through debt financing. (This undoubtedly reflects the fact that debt is so cheap right now, Professor Shleifer said.)

Just as a bit of perspective, virtually all cash comes from debt financing. The Fed creates money by lending it into existence.

Because of the ever-increasing supply of bonars and their correspondingly ever-decreasing value, it only makes sense that folks who come by it so easily want to get rid of it presto. Swap it for stock. Yeah, they inflate stock, too, but not as fast as they are the bonar...

[DemonD]

Re: one very interesting line in an interesting article

Yeah, they inflate stock, too, but not as fast as they are the bonar...

Except the stock market has beaten inflation this year.

cheers.