SI
SI
discoversearch

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 : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ilaine who wrote (82608)3/20/2001 4:15:27 AM
From: Don Lloyd  Read Replies (1) of 436258
 
CB -

...Someone who is better than me at math might be able to figure this out but I can't. If someone bought a tulip bulb for $1 and sold it for $10, and the person who bought it for $10 sold it for $100, and the person who bought it for $100 sold it for $1000, and the person who bought it for $1000 sold it for $10,000, and the person who bought it for $10,000 sold it for $1, isn't the economy a little bit ahead?...

Net net, one person has taken $9999 of his own money and given it away to four others, in amounts of $9000, $900, $90 and $9. Except for taxes, this re-distribution has had no effect except that the purchasing power of money may have shifted due to the money supply now being held in different amounts in different hands.

Regards, Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News