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Article:
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What Is Web 2.0
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Hi Tim |
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2007-09-03 15:36:00 |
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Richard_2
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Response to: Hi Tim
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The multiplier effect of bank lending is something of an illusion: there is only one real '100 dollar' - the others are just paper promises dependent on rather risky cycles, as seen in the current sub-prime mortgage lending fiasco. Knowledge on the other hand - or information or data - can be copied endlessly. That makes it a rather more interesting & potentially valuable resource, it least to the altruistic, than resources such as labour, capital and finance. |
