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To: long-gone who wrote (71619)6/13/2001 1:15:24 AM
From: Ahda  Read Replies (4) | Respond to of 116790
 
siliconinvestor.com
No one has mentioned this, but to me it is very ironic this man selected gold for his last post on SI. This isn't a question of miners being unemployed or less factory foreman here due to cheaper costs elsewhere. It now is turning to tech and the costs here have exceeded the profit where the tech was suppose to be the driving force of retrain and remain in the US.
To me any attempt to engineer an economic structure is not possible. Economics in business is far more able to adjust and dictate profit and loss than be compelled to grow.
When you have sixteen thousand people applying for a loan you can charge more interest it is just supply and demand. The free market determines what need is and the cost is regulated by the demand. Infinite dollar must equate to unlimted inflation or the value isn't there.


To me we are in a era that is rather like getting a loan for a monstrous shopping complex when the feasibility study proves that the area is losing well paying jobs and not creating them.

I don't know the David person but he was hearing all of you who post on this board and to me he recognized valid concerns that had nothing to do with dooms day but perhaps practical evidence that there is something very wrong with the monetary adjustments we are now using. It is easier to let the product speak for itself and the people prove or negate its worth.