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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 242.65

-0.8%

2:09 PM EST

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To: Skeeter Bug who wrote (123299)	4/9/2001 5:36:01 PM
From: Wayners	Read Replies (2) of 164685

Well is the rest of the world overstating their productivity rates as well? If the rest of the world is doing the same thing, then it stands to reason that there is no reason for foreigners to dump the dollar and stop investing in the U.S. Having grown up during the double digit inflation of the 1970's and early 1980's I can say that I just don't feel like today that inflation is high enough to show up as a decrease in my standard of living. In fact I don't really notice it much at all. I'm sure other's experiences are going to be different and it might be heavily dependent on where you live. I also thought the producitvity numbers had to be right because the past corporate profits in the 90's were be obtained without resorting to charging higher prices and the unit input was remaining constant yet profits were exploding. I thought they were doing a good job of measuring productivity in the manufacturing sectors but not in the service sectors of the economy which I think today is the majority of our mixed economy today. At least thats what AG said.

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