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Strategies & Market Trends : The Millennium Crash

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To: George Gilder who wrote (5179)	6/7/2000 12:04:00 AM
From: LLCF	Read Replies (1) of 5676

<Productivity in fact is hugely understated in the data.> <The value of a computer--an exemplary product similar to thousands of other innovations--has increased millions of times over the last decade because it is no longer restricted to typing a Word Document (your obsolete example). > I hear you saying that Traders working for Credit Swiss [for example] are millions of times more productive productive than 10 years ago assuming they've upgraded to the latest PC?? DAK

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