- Joined
- Dec 30, 2010
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I spent one afternoon sipping coffee with Tan Jee Say and in that couple of hours, he could explain how we could derive the amount of reserves by working out from first principles. Like an expert financial plumber, he led me through the intricate routes of how money could flow in and out of the system and circulate all over the place. By the time I finished the coffee, the subject was as clear as a bell. Everything had become so transparent. This shows the man is very clear about his subject and has a good grasp of what he is talking about. I have met many economists, professors and what-have-you but none of them can explain a complex subject in such simple terms. One could not even believe there is a vibrant economy is Geylang!
- http://www.sgpolitics.net/?p=7046#more-7046
- http://www.sgpolitics.net/?p=7046#more-7046