Glen u have to seperate gadgets from the equation because they roll over to new ones every couple years and sometimes more often. Young people and people my age fall into the gadget trap and have to have the newest version as soon as it arrives on the scene. This phenomenon will not change anytime soon.
(1)In a normal cycle the feds print money. It flows into the market. Then it flows from market info factories.
(2)This time the feds are printing a lot more money. It is flowing into the market. But how can it flow from the market into factories when China makes almost every thing.(g) . We live in interesting times.IMHO.