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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (36575)7/22/2005 10:45:34 AM
From: mishedlo  Read Replies (1) of 110194
 
All I see is that today, everything costs us more than it did yesterday -- the cost of both goods and money went up today and will do nothing but go up for a long time to come -- is that called inflation?

Then you are not looking very close.
Even IF I accept what you said and for the sake of argument I will say I do: what is happening and has happened is not where the money is, we are debating what is about to happen when housing plunges.

Mish
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