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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Terry Whitman who wrote (84754)2/23/2000 8:46:00 AM
From: MythMan  Read Replies (2) of 86076
 
Who sent this? (It's in the Rap)

>>Finally, here's an email from one of the threads on SI that is the quintessential distillation of the new-era myth.

"It is good that interest rates are rising. The rates are killing off the old, indolent, inefficient, rust bucket, 19th century leftover corporations whose continuing existence has been held together only by a benign environment. It would take an instantaneous Fed funds rate of 30 percent to slow the new economy corporations because that's what their effective growth rate of wealth is." <<

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