I agree with Bob. Actually, the 15% growth rate experienced by the digital gold economy is not the same thing as economic growth like economists talk about. It is one sector of the economy shifting over to a new technology.
If all of our wildest dreams come true and fifty years from now DGC's are the primary currencies of the world, economic growth will probably stabilize at around the same figure as population growth: roughly 2-3% per year, which is also the traditional range for interest on gold loans. After all, for an economy to truly grow, you have to have an increase in both goods and services as well as demand for those goods and services. At some point the existing population will be saturated with all the goods and services it can consume, the third world countries will be as advanced as 1st world. Then economic growth is more likely to be directly linked to population growth. Ken > > look at the > > total DGC base as against the nasdaq > > I don't see what sales of a product (yes, it's a product) has to do with a > stock index, except in the most arcane terms (earnings growth -- > stochastically! -- driving stock price growth). --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
