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Re: SantaCruz post# 148411

Friday, 09/05/2003 12:34:19 PM

Friday, September 05, 2003 12:34:19 PM

Post# of 704019
Less money circulating in general would mean prices dropping, however there is an argument that the invisible hand of the free market is not being allowed to work because interest rates are low. In other words, unviable businesses selling unviable products are allowed to survive and carry on making things people don't want while the cost of basics like fuel and food and raw materials go up because these are not produced by trendy west coast businesses using VC and shareholder paper money. So u get inflation in those products simultaneous with a drop in price of the useless stuff like cisco routers <g>

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