Will the Real Dow Jones Please Stand Up??

Sources : http://homepage.mac.com/ttsmyf Via http://itulip.com/realdow.htm
Trend Charts of the Real Dow Jones Industrial Average (DJIA) adjusted for inflation and compared to Real economic growth from the 1930s'. This chart clearly shows the extent to which the stock market is inflated due to rampant speculation on the real economy. The speculation economy is a multi-tiered system...which basically means we speculate on the speculation as well.

Also read this excellent article posted earlier from MR Venkatesh on REDIFF.COM which describes the size, scope and impact of the speculative economy.
http://www.rediff.com/money/2008/mar/14mrv.htm