Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (28377)	4/22/2000 11:43:00 AM
From: Ilaine	Read Replies (1) \| Respond to of 42523

Oh, right. Well, all I know about economics is what I learned in Micro and Macro back in college, plus what I pick up by reading stuff like The Economist, the Wall Street Journal, and the newspapers, plus whatever gets linked here and elsewhere on SI. A lot of it is common sense - if interest rates go up, then companies that borrow money have to pay more for money. If commodity prices go up, then companies which manufacture goods pay more for goods. Ordinarily, these increased costs are passed on to the consumer. I think your argument is that improved technology outweighs higher costs of production. I can prove that is false very easily. You sell gold jewelry. Gold costs less than $300 an ounce. If gold costs $800 an ounce will you raise your prices?