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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: craig crawford who wrote (128586)	7/19/2001 5:18:21 PM
From: schrodingers_cat	Read Replies (1) of 164684

>hard assets... Plenty of ways to play that in the US eg real estate, oil and gas companies, miners, farmland, etc. Not to mention that many commodities are priced in dollars. >money may flee our country and head to places like south africa, australia, new zealand, canada, the middle east etc. Those are small economies with relatively limited investment opportunities. They might do well if commodity prices go up, but are too small to replace the US. >prepare yourself for a repeat of the 70's... IIRC in the 70's the economy alternated between boom and bust. Since we are now in the bust part of the cycle the boom may be just ahead. This might well happen if the Fed overshoots like they usually do. As for inflation, this might become a problem if the economy booms and runs into energy ( or other commodity ) supply constraints again. However its not a problem right now.

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