A Jackass, his PAL(indrome), and GOLD Message Board

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Pastimes : A Jackass, his PAL(indrome), and GOLD

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To: abuelita who wrote (331)	1/22/2003 10:15:28 AM
From: Jim Willie CB	Read Replies (1) of 1210

early warning price inflation signals are everywhere TOO BAD PEOPLE STILL DONT KNOW WHAT INFLATION IS OR WHERE IT COMES FROM OR HOW IT CAN BE MEASURED OR WHAT IT TAKES TO KILL IT inflation: the expansion of the money supply, either from direct printing of currency, or expansion of credit this is really monetary inflation which ironically produces both price inflation and price deflation price inflation from the herd chasing and bidding up scarce resources price deflation as a consequence of the herd building up the production capacity beyond what is justified yep, some painful price inflation coming before long but it will be massively twisted in appearance it must accomodate continued liquidations and price deflation / jim

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