Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (10958)	11/2/2001 3:37:29 PM
From: Don Lloyd	Read Replies (3) of 74559

David - Do you really believe that a 1981 IBM PC is just as useful as a similar priced machine today? I've just invented a new pencil and an efficient production process to go with it. Not only is it self-sharpening, but it can withstand pressures equivalent to those found at the surface of Jupiter, and when idle, it amuses itself by writing and publishing public domain poetry. It can be produced to sell for the price of a penny for a thousand. The previous model could only withstand being run over by a 10 ton truck, could not get its poetry published, and sold at the price of 100 per penny. How does the changeover to the new model affect economic statistics? Regards, Don

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