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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Oblomov who wrote (190173)	9/1/2002 8:56:05 PM
From: Box-By-The-Riviera™	Read Replies (3) of 436258

that in fact is the beautiful trick... his thesis is... washing machines etc may not survive demand/price stability... but basics stay in their own world... he adds population...then adds the move into them from other assets... add yet again inflationed currencies and their innate quest for returns or safety... that's it in a nutshell. how can we see demand falling i.e. markets predicting declines... and yet the crb making new highs? in a stealth all year long that no one in the main press has written about? how can that be? how can it be that supermarket prices have been rising even prior to the market bubble bursting? and continue to rise? you've seen it, i've seen it, people here have commented on it for the last three years. obviously... it is a theory, a wager like all others. some folks were way early talking about it...as lots of things in this market have been both way early and way late in coming per its character.. it will stay that way until there really is a brand new market. but not yet. i liked his context. but its not all i liked. i like what i see elsewhere that supports it. his writing about it was just particularly plain, smooth, clear and well said is all. is he a genius.. are there any genius's?? absolutely not. no where, no where. that's the biggest myth of all often leading to hubris and as lance lewis noted the other day... the pride that precedes a fall. today.. just happens to be my particular day when puplava's thesis hits me right, makes sense to me, and maybe because it is today i'll be late, or i'll be early doing my job.. but he didn't have this idea first.....and he certainly won't have this idea last... good idea or not. btw.. a form of stagflation is probably as good as any for an explanation.

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