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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: KHS who wrote (18275)11/20/2000 10:19:33 PM
From: KHS  Respond to of 65232
 
I also think Greenspan and the fed underestimate the enpowerment of the consumer relative to inflation. Also they underestimate the productivity achieved by the consumer overall.

Did you ever hear him talk about consumer productivity? No, just unit productivity by business....

The consumer makes up the other half of the equation...

All the writers and defenders of the fed miss this point.