Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: ptanner who wrote (112296)	5/24/2000 12:11:00 AM
From: tejek	Read Replies (1) of 1570490

I am not trying to stir the pot on this topic, just point out a pet peeve of mine: commenting about prices without regard to changing context (and especially oil). PT, There is another economic component that may present a strong impetus to increasing inflation and I don't think its been discussed so far on the thread, and that's the increasing cost of labor and labor benefits. I think the labor benefit cost is up 3.8% YOY and has some economists more spooked than the current price of oil. It looks like for the first time in years productivity is not offsetting the increases in this cost. And the decrease in the unemployment rate to 3.9% has spiked those fears even more. ted

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