Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

Nov 17 3:59 PM EST

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To: Tony Viola who wrote (64550)	1/26/2000 3:33:00 PM
From: Skeeter Bug	Read Replies (2) of 152472

>>He continually gives the credit for keeping inflation, even with unemployment low and demand high, under control, to productivity gains gotten from technology.<< so people aren't misled, nearly 50% of gdp growth is based on chained dollars - not actual dollars. ow, it is a statistical fallacy meant to dupe flks. no other country uses chained dollars to measure gdp and the us didn't do it until the mid 90s. why did they start? gdp didn't grow as fast as "expected" (by who???) so they manipulated gdp up nearly 100% with fantasy chained dollars. the productivity argument is a joke when one knows the facts. this is a case where self interest drives paradigm paralsis - a terminal disease of certainty.

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