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Re: It's the metonymy, stupid! (was Re: [Pen-l] Re: De-Growth Conference Declaration)
- To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: It's the metonymy, stupid! (was Re: [Pen-l] Re: De-Growth Conference Declaration)
- From: Laurent GUERBY <laurent@xxxxxxxxxx>
- Date: Sat, 30 May 2009 11:45:10 +0200
BTW, did someone study the pertinence of growth (as currently measured)
minus bank credit increase (outstanding monetary creation increase) as
an indicator ? After all bank credit increase is a bet on future growth
and not this year growth, and bank credit is temporary.
Thoughts?
Laurent
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