Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Bid Buster who wrote (207252)	11/29/2002 11:23:09 AM
From: Oblomov	Read Replies (1) of 436258

>>by what metric is an expanding money supply NOT inflationary??? If the money supply does not expand faster than the loss of money due to the impairment of assets, then it can be non-inflationary. Also, if the money supply expands along with the growth in true underlying wealth (created via labor or innovation), then it should not be inflationary. Everything not imported is inflating in price? LOL. >we consume EVERYTHING and produce NOTHING. Speak for yourself. I produce much more than I consume.

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