The New Qualcomm - write what you like thread. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The New Qualcomm - write what you like thread.

QCOM 176.69

+1.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (2534)	1/20/2001 3:30:16 AM
From: Maurice Winn	Read Replies (2) of 12231

<A small, constant inflation would be ideal because they make profit from printing the extra needed to cause that constant inflation and that's an easy way of being paid for their efforts. As long as they don't get greedy and print too much, they can maintain the system indefinitely.> I forgot to add, Alan Green$pan captures much of the value of the vastly increased productivity given by technology because the inflation rate doesn't really include all the benefits of new technology. I think they include factors to do with the processing power of computers, for example, but there is more to it than that. So Alan gets to print a lot of money, just to avoid deflation, and the government gets to spend all that money they print. It's a very good system for them, and me, because when they print more money, they dilute the money I owe to the stock-broking lender. I like that. People who own money instead of shares will be heavily diluted over time although there won't be significant inflation. The effect will be that they'll fall behind the stock market value and returns from that. That's my theory anyway. So far, so good. Mqurice.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next