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

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To: GST who wrote (53842)2/14/2006 3:23:36 PM
From: mishedlo  Read Replies (2) of 110194
 
You promote visions of "deflation" but can't define it

Quite honestly that is one of the stupidest lies about my position that you have ever made.

simple and precise definitions:

1) Inflation is best described as a net expansion of money supply and credit.
2) Deflation is logically the opposite, a net contraction of money supply and credit.

globaleconomicanalysis.blogspot.com

You refuse to answer simple questions about pricing under your definition (simply because you can't and you know you can't) and if that was not bad enough you go spreading lies about my position.

Pathetic.

Mish
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