Re: S=I, an old debate.

[Chas Anderson <chasna@xxxxxxxxxxx>]

At 05:17 PM 8/17/98 +1000, you wrote:
>At 23:21 16/08/98 -0700, Chas wrote:
>>At 04:03 PM 8/17/98 +1000, you wrote:
>>>	For the purchase of assets that were not financed out of income,
>>>how was the purchase financed?
>
>>Say, dishoarding if income is defined as receipt of money income, more
>>possibilities if income is defined as value of current output.
>
>	OK, on receipt of money income, then. How do they engage in
>dishoarding without S-S=0 ?
>
>Virtually,
>
>Bruce McFarling, Newcastle, NSW
>ecbm@xxxxxxxxxxxxxxxxxxx

I could, say, use part of my cash holdings to purchase a new financial
asset.

Chas