Date:   12/20/2008 3:09:50 PM ( 16 y ago)
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URL:   https://www.curezone.org/forums/fm.asp?i=1319936

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Hi Quinta

Its hard to get the old head around this one, but from what I've learned, they are all arbitrary numbers and derived from how much banks will lend on a discretionary basis based on what they have (from depositors); and what is ciculating is not real wealth, it is lent based on a small fraction of actual wealth.

From my understanding it is impossible to know real wealth as banks can lend on a discretionary basis on their own models and ratios.
 

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