The Justa & Lars Honors Bob Brinker Investment Club Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mister topes who wrote (5963)	6/17/1999 11:25:00 AM
From: Hank Stamper	of 15132

don lane wrote: "#2 the beige book today showed ugly wage pressures which no doubt will ruin Dr. Greenspan's sleep again tonight." The wage pressure issue has been of interest to me lately. I recall a few years ago when the employment rate (US) began to approach current levels. Then, there was much commentary--plastered everywhere--about the certain inflationary effects of a tight labour market. The commentators were wrong, then. Where the heck are they now? On the assumption that Greenspan's sleep disturbance is due to wage pressure and not domestic activities, one cure would be to hike continue tighter money (m3) AND institute a SERIES of .25 rate hikes. One rate hike would not, IMHO, provide him with the requisite nostrum. Ciao, David Todtman

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next