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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (14212)	2/17/1998 12:47:00 PM
From: Thomas M.	Read Replies (1) \| Respond to of 18056

...Inflation is not just a rise in prices. It's a state of affairs that says credit is too easy... A while back, I stated that inflation is an increase in money supply, and rising prices are an effect of inflation. An economics Ph.D. on this thread refuted that statement. Friedberg seems to be on the fence. It seems that inflation is not a strictly defined term. Tom

To: Mike M2 who wrote (14212)	2/17/1998 12:47:00 PM
From: MythMan	Read Replies (3) \| Respond to of 18056

>>80% of mutual fund money has come into the market since 1990.<< I've heard this stat thrown around. I believe it exlcudes direct stock ownership. Check around but I think greatest % of stock ownership is in hands of generation ahead of boomers. They, however, won't lose much per se in that their basis is quite low. As for the prior spending habits of brats; well, I enjoyed myself. <g>. One thing you should look at though is the amount of money invested by brats (and others) in real estate during 80's. That money goes to stocks now. I think you have a misconception of the boomer spend history. Splurging went on in the 20's and 60's. Can't blame that on boomers. Pete