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Politics : Formerly About Advanced Micro Devices
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To: kash johal who wrote (99899)3/26/2000 5:55:00 PM
From: RocketMan  Read Replies (1) of 1577020
 
Greenspan doesn't have a clue how to effect the wealth effect. He raises interest rates and all the retirees who have their money in utilities etc get socked.
While the "new" tech guys party on.

Sad but true.
If he wants to go after the wealth effect he needs to establish himself as the Komissar and give us a Five Year Plan so we can all salute and march off to a worker's paradise.
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