Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Mark Adams who wrote (7334)	8/17/2001 3:00:57 PM
From: GraceZ	Read Replies (3) of 74559

Through the slow accumulation of real wealth. Now you got me smiling. Real wealth isn't money or gold sitting in a bank vault. Give me an enterprise or an idea for one. Real wealth, real value comes from what you build with your money. Take just one example. Take the amount of capital that it took to start Juniper networks. Now put that money in a vault, apply deflation or even a little interest. Now look at Juniper's revenue growth and you'll see that they went from zero to almost 700,000 million a year in revenue in nine quarters (that's close to 3/4 of a billion dollars). Show me a time in history where that kind of revenue growth was possible. Americans would rather go broke following a dream then get rich sitting on their money in the bank because wealth only has value when you do something with it. Not only that, you can create more wealth at a far higher rate even when you consider that there will from time to time be the kind of crisis of confidence and it's attendant collapse of prices we are seeing now.

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