US near Full Employment??? [Monetary] - MarketTicker Forums


	Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available You are not signed on; if you are a visitor please register for a free account!

Sponsored Advertising

To remove advertising from your display upgrade to Gold Donor status

MarketTicker Forums Read Message in Monetary

User: Not logged on

User Info	US near Full Employment??? in forum [Monetary]
Stcm Posts: 1812 Incept: 2008-02-05	By Greg Robb WASHINGTON (MarketWatch) - The United States is much closer than generally thought to full employment and it is time for the Fed to shift away from its ultra-easy monetary policy stance, said Narayana Kocherlakota, the president of the Minneapolis Federal Reserve Bank, on Wednesday. In a speech in Rapid City, S.D., Kocherlakota noted that, in the wake of a financial crisis in the early 1990s, Sweden saw a sharp, and lasting, spike in the maximum rate of unemployment, or the level of joblessness sustainable over the long-term without causing inflation to rise. Kocherlakota said the U.S. inflation rate is signaling a similar spike in the maximum employment level in the U.S. and the Fed should "be responsive to such signals." http://www.marketwatch.com/story/feds-ko.... Hell, I can't even get an interview and I have a lot of skills. This bodes ill for middle-class America. ---------- Short-Term Capital Mismanagement - "When genius was never there to begin with!" 2012-05-23 14:24:16 Permalink
Jotapay Posts: 16724 Incept: 2008-08-26 Austin, Tx	Quote: I have a lot of skills. Not for the newly managed economy of the USSA you don't. 2012-05-23 14:52:54 Permalink
Jack_crabb Posts: 2397 Incept: 2010-06-25 Peoples' Republik of Maryland	Not for the newly ~~managed~~ mangled economy of the USSA you don't. FIFY. ---------- Molon Labe Where is Henry Bowman when you need him? 2012-05-23 14:56:06 Permalink
Sd79 Posts: 3123 Incept: 2008-10-12 SoCal	Wait, Burger King would not interview you? ---------- “Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” ~ Albert Einstein 2012-05-23 15:40:38 Permalink
Chris92346 Posts: 1313 Incept: 2009-03-25	So full employment is the only thing that causes inflation? 2012-06-10 15:03:23 Permalink
Uwe Posts: 6428 Incept: 2009-01-03 19446	Well, that was the theory once, but I thought that it was empirically proven incorrect in the late 1970s. -Uwe- ---------- “Whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they put themselves into a state of war with the people, who are thereupon absolved from any further obedience.” - John Locke 2012-06-10 17:16:24 Permalink