Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mishedlo who wrote (49995)	4/23/2006 10:14:03 PM
From: LLCF	Read Replies (1) of 116555

Yep, also out of the Heinz playbook ala 'Austrian' school of economics: <you have to find a measurement of inflation. We measure inflation by rise in money supply.> As used to be chronicled even back when I graduated in Economics ('80), the never ending increases 'reserve currency' holdings is simply 'stored inflation'. God help all in the way when the dam breaks. This also (IMHO) adds an important dimension to your answer on the next post... ie. "WE HAVE HAD INFLATION": <<Let me turn it around. If it is money supply which is responsible for inflation, why haven't we as yet had an explosion of inflation?>> Yes, we have... BUT WE AINT SEEN NOTHIN YET, CAUSE THE DAM HASN"T BROKEN!! Those who think we've seen even a fraction of the inflation portended by past MS growth are mistaken IMHO. When the dollar gaps down 20% and doesn't look back, THEN we'll realize what's happened. More importantly to those here re. the dam... let's hope our surf boards hold up!! DAK

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next