Paul Volcker: The Voice in the Wilderness [View article]
On Jun 29 07:41 AM Alan Young wrote:
> Mark, you've got to stop with the "money doesn't grow on trees" line. > We all know that money grows in Fed computers, which require much > less input (land, water, energy) than trees. > > Aside from that, thanks for another powerful piece of history.
Yes: the money does 'grow' from the Fed and is not harvested from trees: however, one can safely say that this particular crop of money has been highly fertilized by the legislative and executive branches.
-
Jun 29 09:48 am
|Rating:
+5
0
All Comments by ATLBob »Paul Volcker: The Voice in the Wilderness [View article]
On Jun 29 07:41 AM Alan Young wrote:
> Mark, you've got to stop with the "money doesn't grow on trees" line.
> We all know that money grows in Fed computers, which require much
> less input (land, water, energy) than trees.
>
> Aside from that, thanks for another powerful piece of history.
Yes: the money does 'grow' from the Fed and is not harvested from trees: however, one can safely say that this particular crop of money has been highly fertilized by the legislative and executive branches.
Nice article, by the way.