Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (6494)	8/2/2001 10:54:43 AM
From: Ilaine	Read Replies (1) of 74559

Hi Jay, I am reading the most recent Federal Reserve Flow of Funds Accounts, and the news isn't as bad as you think. I can now say with a clear conscience that $4 trillion of Joe Six Pack's net worth went to money heaven, but he's been busy making more money and piling up more net worth throughout the tech wreck. Deflation continues, inflation continues, depends on what you're looking at.

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