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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: BGR who wrote (79001)12/9/1999 7:37:00 PM
From: KeepItSimple  Read Replies (1) of 86076
 
>IOW, you are hopelessly out of touch with reality. Unearned wealth
> at an early age does that to many people.

You are hopelessly talking about something that you have no knowledge of whatsoever.

>buying YHOO calls at just the right moment serve as a compelling argument
>for the Fed to clamp down on growth in the real economy by raising interest
>rates? I think not so.

Just answer this one question. Stop and think about it for at least two seconds before answering, ok?

What if the nasdaq keeps going up 25 percent a month? What if every american can just buy AOL and make 50% in a few weeks, over and over? Even though that is highly unlikely, if it DID occur, would you still say there is no inflation? Are you saying that there is no amount of stock market wealth that could ever possibly cause any inflation at the consumer level?
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