Re: S=I, an old debate.

["Bruce R. McFarling" <ecbm@xxxxxxxxxxxxxxxxxxx>]

At 00:26 17/08/98 -0700, you wrote:

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

	Then net savings have not changed, they have just changed hands.
(BTW, readers will note that this is one of the first issues covered in that
dusty old GT).



Virtually,

Bruce McFarling, Newcastle, NSW
ecbm@xxxxxxxxxxxxxxxxxxx