SI
SI
discoversearch

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.
Strategies & Market Trends : Asia Forum
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frodo Baxter who wrote (4435)6/12/1998 9:58:00 AM
From: Sam  Read Replies (1) of 9980
 
Larry,
"Now I know some of you of particularly ursine proclivities thinks is the beginning of some kind of 1929-style depressionary spiral. But you have yet to make a case for why the Fed doesn't have enough maneuvering room to avert this nonsensical and implausible nightmare."
I agree with you about the problem--that deflation is currently a greater threat than inflation. I also think that deflation is harder to fix than inflation. But I think that the Fed--and a lot of economists out there as well--are still fighting the last battle; that is, against inflation. They see it as more likely than deflation, especially with the tighter labor market. Don't forget that labor is a much higher percentage of the cost of most things than materials.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News