The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (50427)	1/20/2006 1:01:17 PM
From: GST	Read Replies (1) of 110194

With that definition of inflation and deflation no wonder you are so badly confused. Inflation and deflation refer to prices, not money supply. The comment copied below is notably humorous: "Productivity can mask huge increases in money supply" I really had to laugh at that one. You are one confused puppy. Inflation and deflation refer to what a dollar (or yen) can buy, not how many dollars or yen there are out there to buy things. Money supply growth and contraction and inflation/deflation are most definitely NOT the same thing. You are listening to the sound of one hand clapping. There is money and there is what money can buy -- if you leave out what money can buy you have a joke, not a theory. Bon chance following this dry hole.

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