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The New DU. Reply #55: Um, governments can also invest money...
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JackRiddler
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Sun Oct-07-07 10:19 AM
Response to Reply #1 |
| 55. Um, governments can also invest money... |
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In fact, government investment and demand has been the #1 source of manufacturing growth under Bush (in the war sector).
Loans come from banks declaring that they exist. A fractional reserve is supposed to be set aside and the bank can then lend a multiple of that, which is not pulled from deposits but simply called into existence.
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