Article:  |
What Is Web 2.0 | |
| Subject: | Hi Tim | |
| Date: | 2007-09-03 15:36:00 | |
| From: | 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. | ||
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