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.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zardoz who wrote (42479)10/8/1999 12:03:00 PM
From: Tunica Albuginea  Read Replies (1) of 116764
 
Hutch: Definition of inflation:
-higher oil prices
-higher health care prices
-higher wages
-higher commodity ( copper, alum ) prices
-higher number of senior retirees requiring services.
-higher cost of money ( interest rates ) because:

All of above are higher costs to the government who will have to issue more IOUs/bonds to pay
for it because people have voted down higher taxes to pay for that, so far.

They will compete with private requests for IOUs ( bonds from private sector).

i.e. cost of money and interest rates will be higher.

So print more money or cut spending. I know of no Government so far that is ready to cut spending.

So we are left with printing more money.

Or as Santayanna would say, those that don't learn from history are bound to repeat it's mistakes,

TA

Message #42479 from Hutch at Oct 8 1999 11:49AM

Wage pressures > Job growth.

I see the Inflation Rate outstripping Economic Growth as we move into the First Quarter of 2000.

And what exactly are you using to define inflation? Earlier this year, I suggest inflation was around 6.25%, now closing in on 4.5%. But that's because I follow the
monetarist ideas of inflation. Tell me what you suspect inflation is, and what are your measures. Certainly the home prices are not running 1.5% are they?

Best of regards

Hutch
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News