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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (72899)1/5/2000 3:19:00 PM
From: BGR  Read Replies (2) of 132070
 
Ah, Michael! You are so touchy!

This, in fact, is what you specifically said:

1. Real growth doesn't cause consumer price inflation. Monetary recklessness and/or commodity shortages cause consumer price inflation.

2. I specifically said that our reckless money supply was being translated into asset, not consumer price inflation..

So, what is it? Does monetary recklessness cause consumer price inflation or not? Make up your mind, dude! <VBG>

-BGR.
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