Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (115742)	6/13/2000 4:45:00 PM
From: Joey Smith	Read Replies (1) of 1579130

Jim re:This may work for tech but it doesn't work for a lot of other areas like Real Estate, oil etc.. RE got a tax break so I can't see how AG doesn't raise rates... Jim, how does raising US interest rates effect the pricing of a monopolistic/oligopolistic industry structure like oil??? No direct effect I see, and the 2ndary effects could spell disaster. BTW, technology effects most industries in terms of lowering costs, and thus prices. Hard to think of one industry it hasn't had an effect. I'm currently shopping for a house, and I'm using the Net to narrow my searches, shop for a mortgage, etc. Don't need to deal with a lot of "brokers". I figure the transaction costs on this purchase will be at least a few thousand $s less than my last house purchase 7 years ago. joey

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