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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (6654)5/19/2004 2:06:13 AM
From: DOUG H  Read Replies (3) of 116555
 
So I don't see any chance of any significant rise in inflation for the next year or two, but beyond that
it would be a bold man who would say that sometime in the next ten years we will not have a burst of inflation.


This from Friedman does not seem at odds with Rist.

""A policy aimed at monetary stability will secure a relative stability of prices, but the economic history of the 1920's teaches us that a policy whose goal is stabilization of prices may result in inflation of money and credit, and very unsound speculation."""
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