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To: sammaster who wrote (95144)4/17/2001 11:30:05 AM
From: GraceZ  Read Replies (1) | Respond to of 436258
 
This always happens when you try to put money into an economy that isn't growing or the tax structure is such that you can't get a good return on cap ex. If you are suffering from over capacity it's pointless to put the money into pumping it up. So it goes into inflating prices.



To: sammaster who wrote (95144)4/17/2001 11:30:17 AM
From: AllansAlias  Read Replies (3) | Respond to of 436258
 
Yes, one of the salient features of a mania is that new capital goes where it gets a quick return.


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