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To: Mike M2 who wrote (81041)	12/23/1999 3:41:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 86076

>i had heard about it as an example of monetary inflation to the point > where the gov't was overthrown. People are failing to see the big picture. With the advent of the internet and online trading, this is the first point in the history of capitalism where the entire population has been enabled to literally "vote" an increase in their personal asset wealth. And guess what? Everyone is voting to make themselves a millionaire. I know it's a tough concept for many people to understand, because it has never happened before. But every day as investors click the "market buy" button, they are causing runaway inflation. Anyone who says equity asset inflation has no effect on the real economy is either trying to sell you an IPO, or is simply insane. With equity assets now accounting for more "wealth" than the value of homes or savings accounts, it HAS to be included in the definition of inflation. IT MUST. Capitalism as we know it in this country will be gone within 12 months at this rate. There is no turning back now- this experiment is already over. And we as a society have failed miserably.

To: Mike M2 who wrote (81041)	12/23/1999 3:46:00 PM
From: SeaViewer	Read Replies (2) \| Respond to of 86076

mike: My knowledge about that period is shallow. I think it was in a civil war in most part of China. The ruling party kept printing paper money. At the end it was a total chaos. I saw a few pictures about what happened in Shanghai (the industry and financial center in China), and you can't believe how much paper money people had to carry to buy a bag of rice. People were using bicycles and bags to carry money. The food price was going up by minutes. Eventually more and more people (middle class) were turning against the government, which was losing the battle against Communist Party. Of course gold and silver were good. Got gold?