Comments on: Presque vu LXVIII http://johnbakersblog.co.uk/presque-vu-lxviii/ Reflections of a working writer and reader Sat, 19 May 2012 08:23:25 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Staysure http://johnbakersblog.co.uk/presque-vu-lxviii/comment-page-1/#comment-109999 Staysure Mon, 22 Sep 2008 08:46:09 +0000 http://johnbakersblog.co.uk/?p=1317#comment-109999 Regarding Hari Kunzru's comments about the fictitious US economy I completely agree. One needs only look at the stock market to see exactly how fictitious values work. In theory, capitalism works on supply and demand but in reality it works on popularity. Now, usually profitable and popularity go hand in hand in the economy but when things go very well the stocks become inflated and when things go bad stocks become undervalued. Occasionally some values are completely imaginary and no one sees the dangers that lie in this. <strong>jb says</strong>: Thanks Staysure. "no one sees the dangers," seems a tad inflated to me. Regarding Hari Kunzru’s comments about the fictitious US economy I completely agree. One needs only look at the stock market to see exactly how fictitious values work. In theory, capitalism works on supply and demand but in reality it works on popularity. Now, usually profitable and popularity go hand in hand in the economy but when things go very well the stocks become inflated and when things go bad stocks become undervalued.

Occasionally some values are completely imaginary and no one sees the dangers that lie in this.

jb says: Thanks Staysure. “no one sees the dangers,” seems a tad inflated to me.

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