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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (45297)	2/1/1999 3:45:00 PM
From: Bonnie Bear	Respond to of 132070

I much more scared that it hasn't plunged...the damage to the economy is already done...here in the bay area we have hyperinflation. I went to the hardware store and saw things I bought last year selling for 50-75% more across the board, roses from Chile, pottery from Asia, a glass-top table from Mexico. People are paying 70% more for houses in my neighborhood than I paid 3 years ago. The alternative that none of us has talked about is if it doesn't go down and "book value" just creeps up to meet the hyperinflated stock market.