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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: zonder who wrote (13718)10/20/2004 5:11:37 AM
From: mishedlo  Read Replies (2) of 116555
 
It depends on what ones definition of inflation is. I was referring to price action. So yes we can easily see price going one way for producers and another way for consumers.

If one is using a definition related to the supply of money, you are of course correct. Personally I hete these terms because they
are used differently by everyone. Inflation, deflation, stagflation. The first two people use with regards to price action or regards to money supply and the third deals with neither of those but with falling profits and rising interest rates and of course there are probably 5 variations of all of these with people using one definition one day and something else the next day.

So you tell me. what is inflation?

Mish
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