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Politics : Idea Of The Day

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To: Crystal ball who wrote (28126)	8/12/1999 7:39:00 AM
From: Lee	Read Replies (1) of 50167

CB,..Re:.Beige Book PROVED regional USA economy were fine with NO INFLATION also PROVED Greenspan was wrong, You might want to look at the graphs shown in the following link, especially ECI, GDP chain price, unit labor cost and compensation per hour. The graphs are constructed from measured data and might be more valid as opposed to the anecdotal Beige book data. stls.frb.org Also, FWIW, AG is not considered among the hawkish members of the voting FOMC. Regards, Lee

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