Re: Does Japan's $93 trillion monetary base include their Postal Savings Accounts?

On Sun, 23 Nov 2003 12:34:19 -0800, "Christian Party"
<[EMAIL PROTECTED]> wrote:

><[EMAIL PROTECTED]> wrote in message news:[EMAIL PROTECTED]
>> On Sat, 22 Nov 2003 14:23:07 -0800, "Christian Party"
>> <[EMAIL PROTECTED]> wrote:
>>
>> >Because the blithering numbers you're accepting are off by two orders of
>> >magnitude using any and all estimates of Japan's actual savings rate?
>>
>> Wrong.
>>
>> >Because I know from direct blithering observation what the Japanese
>savings
>> >habits are?
>>
>> Because you don't.
>>
>> >Because it's blithering absurd for you to think that Japan's total
>savings
>> >could be only $2.4 trillion when the Japanese might have saved that much
>in
>> >one year, most of which was deposited in PSAs?
>>
>> Idiocy.  _Where_could_that_much_money_come_from_?
>>
>> >If you look at it closely, you'll see your error.
>>
>> Wish I could say the same...
>
>"Where_could_that_much_money_come_from_?"
>
>It's called "personal savings", Roy L,

No, it isn't.  I didn't ask where you imagined the money was going.  I
asked you where it was _coming_from_.  If they aren't spending any
money on consumption, where does the money they are saving come from?
Who is paying it to them?  

-- Roy L