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
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
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