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To: GST who wrote (123180)	4/7/2001 3:27:43 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Gst, Mark Fowler is now posting the prudentbear? Now! that's what I call capitulation. Btw I agree with you totally on the Telecoms. Over built and not enough demand.

To: GST who wrote (123180)	4/7/2001 4:35:19 PM
From: Sarmad Y. Hermiz	Read Replies (4) \| Respond to of 164684

>> I am sorry you are not posting more here, as I cannot respond to you on the new economy thread. GST, your words would fall on deaf ears there. And they'd just censor you again anyway. ------------ >>The rise in wealth and the fall in the cost of capital, has reduced household savings to nothing and raised investment sharply. I want to understand why you keep focusing on savings. If (instead of buying a new car, or taking a vacation) I took dollars and buried them in my back yard, that would be savings right ? So what good will that do for the economy ? I mean, yes I will have a cushion in case I lost my job. But that is just personal financial security. How does it benefit the economy ? Or are you suggesting that people put their dollars in the bank, so the bank can make a loan to a business that increases the output of the economy ? If it is this case, then how is that superior to the Fed printing some dollars, and depositing them in that bank, and the bank loans them to a business which adds output to the economy ? And please, to hell with the new winners thread. If they thirst for knowledge, they can always come here. Especially now that impristine stopped posting.