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.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (103222)	10/13/2013 11:41:54 AM
From: Haim R. Branisteanu	1 Recommendation Recommended By KyrosL Respond to of 217771

Justin Wolfers said: I remember being a visiting scholar at the San Francisco Fed when she was president of the bank. Typically, Fed presidents remain safely cloistered in the executive offices, away from the great unwashed. Not Janet. It wasn't unusual to see her in the cafeteria, tray in hand, looking for a table of friendly economists to join. She had an enviable ability to make even the most junior staffers feel at ease and valued. I suspect this humility will not only allow Dr. Yellen to relate to the common man affected by Fed policy, but also to her staff and colleagues on the Board. seekingalpha.com The New York Times article went on to explain Dr. Yellen's willingness to challenge the Maestro himself, Alan Greenspan: Ms. Yellen was the rare Fed official to challenge Mr. Greenspan and succeed. In 1996, she marshaled academic research, including a paper she had encouraged Mr. Akerlof to write, to argue that the Fed should seek to moderate inflation rather than eliminate it. The research showed that a little inflation helped to minimize unemployment. Employers that were reluctant to impose wage cuts could instead allow inflation to erode the real value of wages, allowing them to reduce labor costs.

To: TobagoJack who wrote (103222)	10/13/2013 1:00:49 PM
From: Maurice Winn	1 Recommendation Recommended By dvdw© Read Replies (1) \| Respond to of 217771

300 000 000 grams of gold goes into Hong Kong and about the same weight of OFDM/CDMA mobile Cyberspace devices. That's supersymmetry in Financial Relativity Theory. But note what happens to each gram. The grams of cyberphone spring into life and create a new realm of suprasomatic intelligence and life. The grams of gold disappear into bunkers, like a royal tomb in the Egyptian era, having served its purpose of giving boys with big diggers something to do other than lolling around a pool which gets boring by comparison with moving big loads of dirt and driving around in huge trucks. The money spent on and in mobile Cyberspace is vastly more than is bunkered in stacks of gold. Young people are buying mobile Cyberspace, not gold. They know where the action is. Mqurice