Re: Malpass' WSJ comments re personal savings

Posted by warren mosler (65.113.90.18) on 20:43:00 04/04/05

ANOTHER ANALOGY MAY BE A CARD GAME WHERE THE HOUSE TAKES 3% OF THE TOP EACH ROUND, AND THE PLAYERS BORROW MORE AND MORE TO KEEP PLAYING

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Subject:	Re: Malpass' WSJ comments re personal savings
Comments:	: ANOTHER ANALOGY MAY BE A CARD GAME WHERE THE HOUSE TAKES 3% OF THE TOP EACH ROUND, AND THE PLAYERS BORROW MORE AND MORE TO KEEP PLAYING
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