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Re: The Essential Principle Of Banking - [Was: Re: elasticity of production}



In a message dated 16/03/01 20:41:24 GMT Standard Time, tomasson@xxxxxxxx
writes:

> In my view, the distinction between (a) consumer credit and S&L operations
>  and (b) entrepreneurial credit and Commercial Bank operations is essential
>  for coherent analytical treatment of Interest.
>
>  Gunnar

Hear, hear!

Geoff



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