Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: fut_trade who wrote (164273)	5/7/2002 9:48:21 AM
From: KeepItSimple	Read Replies (1) of 436258

It means that Intel just released a new CPU that runs 40% faster than the previous one. Assuming a hedonic adjustment of every worker in america buying the new chip, they will complete their day-to-day work 40% faster. This includes typing speed, ditch diggers, burger flippers, and investment banking. Learn to love hedonics, baby!! ------------------- "In the meantime, stocks got a pre-open lift from news that productivity grew at the fastest pace in 19 years" Does this mean that our manufacturing base has become more efficient - or is the productivity growth a result of the FED pumping more money into the economy at record levels? Does anyone know how money supply and monetary base effect the "productivity" numbers?

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