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To: expatriot
Even if the loan is made to a miner who mines silver and gold, and who wishes to hire more workers to create more money, a loan will require the additional creation of money that has yet to come into existence.

Think of gold as beans used to count shares of the big pie -- the wealth of the world. Now go back and look at your problem -- is there a way to renormalize the outcome so the bean distribution reflects the net world gain of wealth and the players exchange of beans (gold.)

13 posted on 04/29/2002 6:07:15 PM PDT by jlogajan
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To: jlogajan
bttt
14 posted on 04/29/2002 6:29:23 PM PDT by cibco
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