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If the world doesn’t want our dollars
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Big Ben
Posted 4/6/2020 22:51 (#8170684 - in reply to #8169463)
Subject: RE: If the world doesn’t want our dollars


Columbia Basin, Ephrata, WA
zenfarm - 4/6/2020 09:53

fatan sassy - 4/6/2020 11:41

Until converted to dollars it is unknown and not money. You can borrow money against the equity in it. Different than dollars that have come out of a market looking for a home. Equity is equity and money is money.




  Once you borrow against that equity, you have in essence, turned  a portion of that equity into money (debt money). In terms of a loan for dollars, equity is money..



Equity and money wouldn’t be on opposite sides of the balance sheet if they were the same thing.

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