Richard Cantillon did something similar during the Mississipi bubble. He lent money to people to buy stock. They gave him the stock as collateral. He sold it & relent the money. -- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
