Sentences with phrase «tangible capital formation»

It is a far cry from tangible capital formation.
The effect will be to limit real estate lending to loans for the actual construction or purchase of buildings and other capital improvements, i.e., for tangible capital formation.
Its statistics would show how much of the rise in wealth (and expenditure) in China — or any other nation — is a result of new tangible capital formation as compared to higher rents, lending and interest, or the stock market.
They have not used their financial power to mobilize savings to fund new tangible capital formation.
But in the end the economy shrinks precisely because this «faux wealth» serves as a distraction, drawing savings away from direct investment in tangible capital formation.
An economy either is in trouble or has lost its sense of balance when investors shy away from tangible capital formation in favor of buying postage stamps and similar collectibles.
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