Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Coffee Shop -- Ignore unavailable to you. Want to Upgrade?

To: bearcub who wrote (28)	5/31/1999 12:32:00 PM
From: bearcub	Read Replies (2) \| Respond to of 52

Aesop's Fable: Inflation: ver. 6.99 WORLDWIDE PROSPERITY IS BUILT UPON A HOUSE OF CARDS: Former Federal Reserve Chairman Paul Volcker said May 21, 1999: ...world economy dependent on growth of USA economy ...USA economy dependent on it's stock market ...USA stock market growth is dependent on about 50 stocks ...of these 50 stocks, half have never reported any earnings True that a big portion of USA citizens saving is now in USA stock market ? Is foreign money in USA stock market ? If so, then if stock market drops big time like a 10,000 to 8,000 will everyone who didn't sell on the drop hold and wait for it to go back up, or will they panic and take it lower to like 6,000 ? I hear that USA people buy lots of goods, especially cheap foreign stuff which helps the foreign country. But I hear that lots of this buying is done on credit, not payed in full with cash. Also, I hear that the reason people do this is because they see their investment in USA stock market showing big returns, so they feel like they have lots of money. But the money is only in their pocket when they sell the stocks they hold. So if they use a credit card to purchase goods rather than cash in their shares of stocks, then they must feel that the return in the stock market must be greate than the credit card interest. Is what I just wrote true ? Ok, so if the USA stock market falls and people sell and get back not the 10,000+ type return, but just equal to what they invested, then it seems like they didn't really lose much, except for those that own lots on their credit cards, or brought big items on time like a house or car with the item being more than they could afford thru paycheck. I talked to a person recently that got in the mail an offer from CHASE Bank for an instant US $7,500 loan. They took it and put the money into stock market. They just got first payment due statement, and even tho they knew that $162 was due each month, they were shocked to see on the payment statement, Interest Billed $77 Principle Billed $85. If the banks have lots of these types out there, and the stock market crashes, then lots of people in trouble, and maybe banks too. If above happens, then where is the money ? Was all the money real in the first place ? The money a bank loans out existed in the first place, yes ? I thought that inflation was the Fed printing too much money, as in creating more money than the goods it will create. With USA having no inflation, then all the money is on equal to the value of the goods currently in existence. But then how can an .com company be worth millions or billions when it don't have produce any goods, except a promise to be the next Micro Soft ? Does some of the money in circulation represent future goods, based on a hope ? If the .com(s) fail to produce equal to money invested, then the .com company disappears, but the money still exist ? If so, then more money exist than value of goods, and this is inflation, yes ?

To: bearcub who wrote (28)	5/31/1999 1:00:00 PM
From: bearcub	Respond to of 52

someone else's y2k thread. person's nickname is ole 49er or something like that Subject 22588

To: bearcub who wrote (28)	7/27/1999 6:04:00 PM
From: bearcub	Respond to of 52

3 favorite family recipes posted this morning on a y2k from my wife. rationale: part of the Y2K impact on society is that our various cravings are going to drive us batty because we can't get our discriminating tastebuds placated. Arby's Roast Beef Restaurant "Arby Sauce" 1/4 teaspoon pepper 1/4 teaspoon salt 1/2 teaspoon hot pepper sauce 1 Cup ketchup 2 teaspoons water 1/4 teaspoon garlic powder (not garlic salt she says) 1/4 teaspoon onion powder Heat in pan and then let cool. Store in Glass Jar. *************************************************** then Janelle says to wash it down with: A & W Root Beer 3/4 cup granulated sugar 3/4 cup hot water 1 liter cold seltzer water 1/2 teaspoon plus 1/8 teaspoon root beer concentrate (i didn't even know there was such a thing available as root beer concentrate, did you?) i don't see any instructions on what to do with this after you mix it all together. drink it i guess. she also didn't have any ideas as to how we are supposed to freeze mugs in the upper freezer without electricity, but nobody's perfect. :) ****************************************************************** then for desert, Janelle says "have some See's Chocolate Truffle" 1 cup heavy whipping creme 16 oz. semi sweet chocolate (around here that means Nestles) Simmer 1 cup whipping cream over low heat Stir in 1 pound semi-sweet chocolate Refrigerate 2 hours Then on cool surface w/cold hands, round chocolate into balls. Roll in a shallow bowl of nuts, or powdered sugar, or M&M Bits (my favorite). Place directly into petit fors paper cups for serving. ******************************************************************