Señor Fingers
Master Don Juan
Very interesting look at how money really works
http://video.google.ca/videoplay?docid=-9050474362583451279
http://video.google.ca/videoplay?docid=-9050474362583451279
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...to use debt (other peoples money) to buy productive assets, and keep a close eye on your balance sheet. the winners are ones whose assets rise (inflation adjusted, risk adjusted, tax adjusted) at a greater rate than their borrowing cost.azanon said:So what was the take-home message of the original video? Don't borrow money?
With no take-home message, it becomes a "yes.... and?"