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.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike M2 who wrote (13730)1/20/2002 9:16:25 PM
From: Maurice Winn  Read Replies (3) of 74559
 
<The Austrians would say that the inflation is in the financial markets. Record trade deficits have also helped to suppress product price inflation>

I agree, if we want to extend the definition of inflation further than the consumer price index. That's why, for years, I've thought that Uncle Al will print flat out, using the consumer price index inflation rate as the basis for the printing. While prices are dropping, he'll be printing. My guess was that this would cause a rapid increase in the share price indices. So far, apart from the bubble, which appeared as an irrationally exuberant blip on the decades-long big picture, that has been the case.

Now that the irrational exuberance has been attenuated, we can expect the more sensible long-run financial market inflation, which is what I have invested for and hoping for and so it has been, with the technology turbo boost helping that process along.

I don't think we are far along the path at all.

Mqurice
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