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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (54146)	6/14/2000 9:01:00 PM
From: Follies	Read Replies (2) \| Respond to of 99985

Interest rates, productivity, equity PE ratios, business/consumer indebtedness...these relationships eventually equalize...always! Interest rates are a monetary effect controlled by the issuing authority, I won't argue with that Productivity however is a different matter. Productivity is governed by advances in technology. People dont work harder today than they did years ago. Machines do however. And productivity gains are never given back. Once we learn how to do something cheaper, faster , better, we never forget that and go back to doing it the old way. So the question is, Is there a cap on productivity gains? Can they only grow at 5 or 10% per year or can productivity grow 5% this year , 6% next year, 7% the following. Remember Moores law has held for over 20 years AND the rate of doubling is actually increasing!