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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (51235)1/25/2006 8:57:27 AM
From: Tommaso  Read Replies (2) of 110194
 
>>>not on reckless expansion of money and credit!<<<

What other cause of inflation is there besides that?

Well, inflation CAN be caused by shortages, as can happen in a big war when goods and services are appropriated and destroyed by a government.

But all peacetime inflations are caused by "reckless expansion of money and credit" and that is exactly what we have had for at least seven years now.
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