> Shane: > >> You are confusing the flow of funds/debt accounts with the national >> income accounts. > > No, I am not. I know that National Income and Product Accounts (NIPA) > contain no statistics about private debt and why they do not beats me. > > Really, why do they not? > > Best, > Sabri
To add one more thing, if NIPA contained any statistics about "private debt," which is also "private credit", how could it have been possible for the private debt in 2006 to be 107% of GDP? I guess, we are talking about fictitious capital or money, although I know that money and capital are not the same thing, although related! Best, Sabri _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
