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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: loantech who wrote (53849)2/14/2006 7:47:55 PM
From: Marc Hyman  Read Replies (1) of 110194
 
I always heard inflation is more dollars chasing the same amount of goods and deflation is less dollars chasing the same amount of goods.

I'd agree with that. But if I understand mish correctly an increase in money/credit that exactly matched an increase in the amount of goods would still be classified as inflation. I don't agree with that, but don't have a better definition, either.

// marc
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