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RE: S=I, an old debate.



It is not only the saving process that matters, but also the way these
resourses are canalized to a great deal of investment projects through
credit plans. The funding process is important by itself, because it
contributes to have disposable resources to be used at several ways, when
necessary. Nevertheless too many economies have directed this resources
(which don't belongs to them at all) without regarding the sistemic risks.

Which kind of saving can we speak about: financial savings or only the
other one considered as the result of the difference between income and
consumption?

I consider that the kind of saving should be studied is this one related to
the financial sistem, since it is disposable to finance deficits or to
finance investment projects in the economy.

Wendy Moreno




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