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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (11960)	2/21/2000 12:27:00 PM
From: Wally Mastroly	Respond to of 15132

Im guessing that she had a preview of Brinker's Sunday comments on the Greenman! quote.bloomberg.com - Excerpts: >>(It sounded flaky then and it sounds every flakier in rerun.)... ''Accelerating productivity entails a matching acceleration in the potential output of goods and services and a corresponding rise in real incomes available to purchase the new output,'' he said... In other words, productivity growth boosts aggregate demand faster than it boosts aggregate supply.........<< - >>..What he doesn't do is address the issue of why the economy has been growing ''too fast'' in the first place. ''Either we're discounting future productivity gains or else monetary policy has been too loose,'' DeRosa says. ''If you were running the central bank, which would you choose?''<< - P.S. - Bob was voting for the increase in the money supply....

To: Justa Werkenstiff who wrote (11960)	2/21/2000 4:35:00 PM
From: Wally Mastroly	Respond to of 15132

Justa, Re: Banks...US risky debt may threaten banking sector: news.ft.com