Re: Why must the Capital Acc. = the Current Acc.?

From: Yurk Yurk (yurkyurkyurk_at_yahoo.com.au)
Date: 02/25/05


Date: Fri, 25 Feb 2005 10:58:27 +1000


> Someone in Japan has now got a million Australian dollars. This counts as
> a capital asset.If they don't use it to buy Australian goods, the only
> other thing to do with it is to exchange it for other Australian assets.

Okay. But what if they prefer to save it? Can't they keep stores of $A in
their Japanese bank?