Date: April 26th, 2006

Affordability implies financial complexity

26 April, 2006 (09:29) | Primer Posts |

[Continuing a discussion begun in yesterday’s suspenseful post!]
 
Watson found himself fascinated by the capital stack diagram:
 

 
“It seems complicated,” he said finally. 
 
“It is complicated,” agreed Holmes.  “More so than even is suggested by the simple diagram.  Recall that each type of money will come from a different capital source.  Each capital source will have its […]