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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (50286)1/19/2006 4:17:15 PM
From: ild  Read Replies (1) of 110194
 
<<<Deflation is a decline in credit and money supply.>>>

I don't care about definitions from economics 101. For example Wikipedia gives the following definition: (they don't even mention money supply and asset prices)
In economics, deflation is a decrease in the general price level, or a rise in the purchasing power of money with respect to a large class of consumption goods or services, over a period of time. Inflation is the opposite of deflation.
en.wikipedia.org

So IMO if we are to maintain a productive discussion here we should assume that other people may have different definitions for the words we use.
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