Re: karim on Fed statement with my comments

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Posted by warren mosler (208.49.176.241) on 19:47:17 10/31/07

In Reply to: Re: karim on Fed statement with my comments posted by Winslow R.

I remember Arthur Burns, and he's no Arthur Burns.

I'd say Greenspan was the Arthur Burns.

: Given the state of globalization, wealth consolidation, housing, wages, savings rates, a more appropriate Fed chairman would be Young/Meyer.
:
: http://en.wikipedia.org/wiki/Eugene_Meyer
:
: Modern day might be Burns.
:
: :
: : If cpi continues to accelerate and core starts to move the
: : chairmanship is at risk. This is what happened to Miller in 79 when
: : replaced by Volcker.
: :
: : warren
: :
: :
:

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Re: karim on Fed statement with my comments - Winslow R. 22:10:44 11/03/07 (0)

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Subject:	Re: karim on Fed statement with my comments
Comments:	: : I remember Arthur Burns, and he's no Arthur Burns. : : I'd say Greenspan was the Arthur Burns. : : : : Given the state of globalization, wealth consolidation, housing, wages, savings rates, a more appropriate Fed chairman would be Young/Meyer. : : : : http://en.wikipedia.org/wiki/Eugene_Meyer : : : : Modern day might be Burns. : : : : : : : : If cpi continues to accelerate and core starts to move the : : : chairmanship is at risk. This is what happened to Miller in 79 when : : : replaced by Volcker. : : : : : : warren : : : : : : : : :
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