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.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BGR who wrote (71375)12/3/1999 12:30:00 PM
From: pater tenebrarum  Read Replies (2) of 132070
 
BGR, we are actually in a pretty strong cyclical upturn of inflation...the classical interpretation of inflation is the increase in money supply over and above the needs of the economy, and we've had that in spades. as you may or may not know, the Economic Cycle Research Bureau's future inflation gauge just hit a fresh four-year high. contrary to the government this institution is not 'massaging' it's data. since we have had a period of strong economic growth with inflation channeled mainly into asset prices, a period of recession with inflation in goods and services prices is not out of the question (stagflation). however, i believe that ultimately once the bubble bursts, we will see a deflationary depression not unlike the 1930's. this seems inevitable in view of the massive overhang of private debt. the Fed has given us a long boom at the price of ensuring utter devastation down the road.

hb
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