Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (7932)	8/29/2001 8:08:47 AM
From: TobagoJack	Read Replies (3) of 74559

Hi Maurice, << I learned some more jargon just now: "the decreasing marginal utility of wealth". Message 16270007 >> Unlearn the effectively false concept immediately. Once one has all the Pam, Ursula, and Jade popping in the surf, wealth beyond that is just for counting, and counting has a fairly stretched out and steady utility, not decreasing. Decreasing and even negative utility eventually takes hold, and first sign of it is when the holder starts to give it away in dollops. Chugs, Jay

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