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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (215311)1/18/2005 3:24:38 PM
From: neolib  Read Replies (1) of 1573945
 
What can we expect will happen to stock prices if all this new money starts coming into the market? One thing we know for sure, all this new money to spend on stocks sure isn't going to make the market go down. As far as I'm concerned the only question is, how much will it make the market go up?

I stated more or less this way back, and you assured me the inflow was to small to impact the market. Which is it? I will state this once again. The biggest impact of private accounts, if allowed to invest in stocks, is to prop up the markets over the next several decades while boomers retire and start sucking out equity. Private accounts are important to keep the equity ponzi scheme going nicely.
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