To: ForYourEyesOnly who wrote (3517 ) 2/18/1999 5:40:00 AM From: IngotWeTrust Read Replies (2) | Respond to of 81956
Hi, THC, yes, I should be asleep, but...there's a good Disney movie on(grin)... You say:Production: I don't think Japan will produce more goods in the coming years than they do now... Supply of goods = static I guess this is where you and I differ...your work ethic is different than ours...your people have stayed employed through most of these 9 years because of your pride, your sense of history, your longer term vision. Many companies have kept up production and built inventories because they know that your goods are primarily superior to almost any other manufacturer in the world. We'll grow your oranges and you make the cars, tv's, stereos, ok? you continue: Money: They will have to start monetizing all of the built up "bad debt" or printing money. Supply of money = increasing As long as all that new yen doesn't chase too few goods, how is your future any different than the endless stockmarket bull we've had? You'll have asset inflation, the kind that will make everyone extremely rich that picks the right stocks and the timing...and you'll do it instantly, via the internet... you ask: What this will do on a world scale, I haven't the slightest idea.....but you can add Japan to the list of countries that are starting to wildly print money (Russia, Indonesia, etc.). The sea change from deflation to inflation is probably where the big money will be made if you call it right....... Just make it sure that it is Japan's assets you are inflating, and you all won't feel a thing except extreme pride and a chicken in every pot... G'night...my movie's winding down...and Elliott Gould got the girl<g> O/49r