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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: orkrious who wrote (75262)12/11/2006 2:23:21 PM
From: GST  Read Replies (2) of 110194
 
Quote: "at a time when productivity was soaring and the global supply of goods was expanding rapidly because China had entered the world trading arena. In that environment the Fed could create large amounts of money and credit without causing inflation other than in asset prices."

globaleconomicanalysis.blogspot.com

Does that sound like a man who thinks that money supply is inflation. If you believe he does. please feel free to explain how the Fed could create large amounts of money and credit without causing inflation? If inflation is money supply then you could hardly have a large increase in money supply and no inflation.
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