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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Ilaine who wrote (88544)4/2/2001 11:34:39 AM
From: LLCF  Read Replies (1) of 436258
 
Part of the problem with the hedonic adjustments comes from the distilled numbers... ie. "real growth" in tech spending/investment for instance.... vs other industries, makes it look as though there are all sorts of orders for new companies to take advantage of... ie. "spending in the network sector is exploding"... "buy CSCO"... yea right.

Example: Nominal investments [dollars you and I could chase after if we started a company] in computers and peripherals forse about 10% per year between 1995-1999.. in "real" dollars??? 45% per year.

DAK
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