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Re: Consumption Inequality



This just an opinion based on an observation, but banks may not benefit from
government debt. Currently, Canadians banks are declaring big profits in
this era of balanced budgets.

Harry Veeder

> From: helmet4000@xxxxxxx
> Date: Wed, 20 Nov 2002 16:42:43 -0500
> To: pkt@xxxxxxxxxxxxxxxx
> Subject: Consumption Inequality
>
> PKT,
>
> Would banks support politicians who run deficits more than politicians who do
> not?  If banks can earn substantial money from servicing the interest, then
> would it not make sense for the banking community to nod in approval to gov't
> debt?
>
> -Tom Volscho




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