Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (80635)	5/12/2000 8:22:00 PM
From: Skeeter Bug	Respond to of 132070

mike, windows 98 allows you to see cpu usage. i see 1-3% a lot. seems the hedonic numbers ought to be adjusted down. a LOT.

To: Mike M2 who wrote (80635)	5/13/2000 10:10:00 AM
From: Thomas M.	Read Replies (1) \| Respond to of 132070

Review of Henry Kaufman's (a.k.a. Dr. Doom) new book, "A Wall Street Memoir on Money and Markets": prudentbear.com "How do derivatives affect the business cycle, and thus the course of monetary policy? What the proponents of the benign impact view miss is the potential for derivatives to amplify the business cycle by introducing more leverage into the system and thus expand credit availability, especially for marginal borrowers. During an upswing in the business cycle, this additional borrowing capacity allows the private sector to withstand monetary restraint for a longer time. As a result, the central bank eventually will need to engineer considerably higher interest rates - with correspondingly lower asset values - than are normally expected in order to cool down the economy to achieve noninflationary growth."