--- In LibertarianEnterprise@yahoogroups.com, "Gary F. York" <[EMAIL PROTECTED]> wrote: > > Real estate values in the Hills will no doubt have its ups and downs; > but there are plenty of people who would like to live there who don't > live there now that I'd be confident of a timely resurgence of values. >
Values Schmalues, we're supposed to be talking about Total Wealth, whether by your definition or mine. We have no disagreement about Market Values, as I have stated over and over, so that is moot. I have carefully stated over and over that I am talking about what originally brought this subject up: An alleged SUDDEN loss of Wealth (HIS WORD) that Hugh Hewitt (and the Senator) claimed occurred in a few hours by Stock Market "Losses". The question is whether or not there is a real Loss of Wealth, OVERALL, TAKING EVERYONE INTO ACCOUNT, in an instant, merely by a Free Trade. What might (or might not) happen next month is irrelevant.
