European Tribune - Comments - Stunning indictment of 'Bubbles' Greenspan in WSJ Op-Ed

Stunning indictment of 'Bubbles' Greenspan in WSJ Op-Ed | 67 comments (67 topical, 0 editorial, 0 hidden)

Exactly (none / 1)

my point.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Mar 21st, 2007 at 11:25:31 AM EST
[ Parent ]

Re: Exactly (4.00 / 3)

Yes, but it's called 'growth' because rich people are doing it.

It's only 'inflation' if it's created by poor people asking for higher wages.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Mar 21st, 2007 at 12:00:22 PM EST
[ Parent ]

Bingo (4.00 / 2)

again.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Mar 21st, 2007 at 12:18:26 PM EST
[ Parent ]

Re: Bingo (4.00 / 4)

And the Fed has to promote growth but discourage inflation...

Currently, "narrow" inflation (CPI) is higher than the Fed wishes (2%), but the Fed can't raise rates to fight it, because of the knock-on effect on variable mortages. Stuck, the Fed. Does Bernanke dream of throttling Greenspan?

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Mar 21st, 2007 at 12:46:14 PM EST
[ Parent ]

Stunning indictment of 'Bubbles' Greenspan in WSJ Op-Ed | 67 comments (67 topical, 0 editorial, 0 hidden)

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