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.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (91047)1/14/2000 8:00:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
"Last night Greenspan essentially said that he is going to put the screws to the stock market until the wealth effect slows
the economy."


I understand the wealth effect. I am not sure how the wealth effect would slow th economy unless the market drops first. Are you saying he plans to remove the wealth effect by lowering the market?