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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (72897)1/5/2000 11:29:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
BGR, Of course, remedial reading might be more appropriate for some. <g> I specifically said that our reckless money supply was being translated into asset, not consumer price inflation. So, the Nasdaq is way up while all the cos. giving me stuff for free can't find a profit margin in a haystack.



To: BGR who wrote (72897)1/5/2000 12:45:00 PM
From: Les H  Read Replies (1) | Respond to of 132070
 
if you add back in the price and employee cost subsidies from the stock proceeds, you get price inflation. they'd likely be charging much higher prices than the experienced businesses. it's not much different than the government providing subsidies to other industries except here you have brokers pushing investors to subsidize these companies.


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