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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (57066)	7/20/2005 11:38:40 AM
From: Rock_nj	Read Replies (1) \| Respond to of 57584

Inflation adjusted prices are relevant to some extent. But it is a complicated matter, as you have to figure in if people's purchasing power has also kept up with inflation over the same time period. Does a 2005 dollar buy as much as a 1981 did? Have wages kept up? Are people paying more for energy as a percentage of income as they did in 1981? As far as "War is a Racket" goes, I've read the book and even recently mentioned it on another thread while discussing the current world situation. I'd unfortunately have to say that the one thing the U.S. government has been exceedingly good at over the past 100 years is getting our nation involved in wars, sometimes very dubious wars. I really thought with the end of the Cold War we'd see a change in this mentality and start investing our money in rebuilding America, but I couldn't have been more wrong on that point. We're even more militaristic today than we were when I was growing up during the Cold War. Kind of hard to believe, but that's the way it is. BTW, I have a hard time believing our "leaders" really took the Soviet threat all that seriously, I mean why would they ever get so deeply involved in a war in SE Asia, commiting so many troops and resources, if they were afraid of a Soviet invasion of Europe. It doesn't makes sense, except for the fact that we have a lot of egotistic leaders who seem to exploit war and we have an arms industry that wants to be fed money (War is a Racket).