The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments

URL:  http://boards.fool.com/but-people-dont-need-to-keep-making-more-and-27433072.aspx

Subject:  Re: OT: Man in the White Suit Date:  2/11/2009  10:28 PM
Author:  theHedgehog Number:  25946 of 35365

But people don't need to keep making more and more money and businesses don't need to keep making more and more money for everyone to be able to afford a lot of stuff, because increased productivity has made it cheap.

Never discount human nature when talking about humans. Back in the late 90s when cellphones were large and very expensive, I read about an automobile accident in Peru. The guy was "talking" on a wooden replica phone on his way to work.

We do need these things (include list of whatever's fashionable), moreso when we're young. I know that I still need my motorcycles, though I can't ride them much, anymore. It connects us to our fellow men. For the reasons I mentioned in my previous post, it's counterproductive if they're too cheap.

Hedge
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us