Re: Re: Re: Re: Saturday II

2000-04-17 Thread Jim Devine
Rod writes: And with every fall, wealth distribution becomes more equal, and I am relatively better off. yeah, there was growing equality after 1929, too. But there was also the "reverse wealth effect" (the rich person's poverty effect?) in which falling stock markets -- along with falls in

Re: Re: Saturday II

2000-04-16 Thread Rod Hay
And with every fall, wealth distribution becomes more equal, and I am relatively better off. Rod Timework Web wrote: Did I say 5%? Make that 9% now. The Hang Seng is down 8% as the wave sweeps around the globe. Tom Walker -- Rod Hay [EMAIL PROTECTED] The History of Economic Thought

Re: Re: Re: Saturday II

2000-04-16 Thread Eugene Coyle
Going to buy an SUV? Gene Coyle Rod Hay wrote: And with every fall, wealth distribution becomes more equal, and I am relatively better off. Rod Timework Web wrote: Did I say 5%? Make that 9% now. The Hang Seng is down 8% as the wave sweeps around the globe. Tom Walker -- Rod