the society as a whole, since the gains from being competitive
are more equally distributed.
Helene Jorgensen
earned 4.2 percent of total corporate profit of domestic industries, down
from 7.5 percent in 1990. I am really surprised, how does the Fed make
this huge amount of money? Just from lending money to commercial bank?
Helene Jorgensen
Department of Economics
The American University
Washington, DC.
Email: [EMAIL PROTECTED]
Last week Doug asked to hear more about the Danish social security
system. So over thanksgiving I did a little bit of research on the
topic - and this is what I found out.
Also I would still be very interested in hearing pen-l'ers opinion
about reforming the U.S. social security system into a fu
nted for, I think, 10-15 years ago. The
wealth of this fund has increases tremendeously since then, and the fund now
owns over 50 percent of all stocks of private companies. This has been refer-
red to as "socialism through the back door."
Helene Jorgensen
Economics Department, American University
[EMAIL PROTECTED]
