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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: GST who wrote (70463)7/29/1999 5:52:00 AM
From: KeepItSimple  Read Replies (2) of 164684
 
> Two years later it will be 200 trillion. This will continue for at least ten years
> -- reaching thousands of trillions of dollars.

As I've said before: if everyone is a millionaire, a bread of loaf will cost 500 dollars. There's just no getting around it. Either the mania STOPS catastrophically, or it continues indefinitely until it gets to the point where everyone deposits their money in AOL at 9am and retreives 2x that amount at 4pm, every day.

This is madness.

You know, the Russian ruble once inflated like that- and their economy was destroyed. But when we see the same thing happening with internet "currency", it is viewed as a Good Thing.

Doesnt anyone find it scary that Microsoft wants to create an internet tracking stock BECAUSE IT CANNOT AFFORD TO BUY INTERNET COMPANIES? This is microsoft, arguably the most profitable company on earth dollar for dollar. More cash in the bank than god himself. And they have to turn to the internet funny money presses in order to keep playing the game.

How long until average individuals have to turn to internut currency to keep playing the game of paying the rent and making the mortgage?
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