Jay, but successful attempts to solve tractable problems do not dilute, enervate, waste and damage. They enhance, add value, free up and synergize already successful efforts. Especially these days when another million freed people are another million zero marginal cost buyers of goods and services such as cdma2000 cyberphones and contributors to the next layer of creativity. <Mq will learn, by the very hard way, that all attempts to solve all problems will involve diluting his successively less precious USD, and lead to the rise of gold, its preciousness and desirability.>
If the aborigines of north America hadn't been colonized at great effort by the Europeans who brought the ancestors of Irwin Jacobs and co, people like Cobalt Blue wouldn't have been spending money on cdma2000, thereby reducing the unit costs of producing the software and ASICs which drive cyberspace.
That problem solving was very expensive and took a very long time. Solving the Saddam problem will be quick and will not involve much dilution.
20 million Iraqis with a new cdma2000 cyberphone every 2 years will contribute $1 billion per year in hardware to the cyberphone producers [and their suppliers such as QUALCOMM]. Not to mention the service provider charges which helps pay for the forward link infrastructure development. Then there are 20 million Afghans who would like to trade opium for cdma2000. Then, the North Koreans will like to try out the latest cyberphone gadgets as produced in South Korea.
They'll also buy cars, houses, washing machines and all that stuff. Software, movies, digital cameras and all sorts of stuff will be popular.
Since those people all want that stuff, it's not as though they are being freed to do something they don't want to do. They are not being forced to convert to some competing superstition, which would be expensive to achieve and would probably meet some resistance.
Humans solve problems and create solutions. It's what we do. That's what the big lump above our eyebrows is for.
People are so keen on solving problems and inventing stuff, they do it just for fun. It doesn't involve dilution and devaluation of my USD and a rise in gold.
I'm glad we disagree again. It was becoming worrying that we seemed to be finding excessively common ground. It was starting to look like a crowd. As you know, investing with the crowd is not usually a great idea [unless one is first out the exit when the party's over - being the greater fool in the greater fool theory can be achieved by holding at the top; as you say, the day you don't sell is the day you buy].
Mqurice |
