On Fri, 7 Apr 2000, Doug Henwood wrote:
> Yeah, there are some (post)Keynesians who think that credit is almost
> infinitely elastic - that loans make deposits ad infinitum,
> essentially. That's distinctly a minority view.
Just out of curiousity, where could I find their justifications for this argument in summary form?
Michael
__________________________________________________________________________ Michael Pollak................New York City..............mpollak at panix.com