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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (75518)12/13/2006 1:15:01 PM
From: Horgad  Read Replies (1) of 110194
 
"The 'other' side does not believe this is inflation."

Thats not exactly true. The other side believes that if money supply is not currently growing (or is even shrinking) and prices are rising because our currency is falling, that previous inflation or previous money supply increases must finally be coming home to roost.

I think you will find that we are all pretty much on the same page when it comes to understanding inflation and the differences are only semantics as I said in my original post.

And now unfortunately I've become part of the problem that I was originally complaining about which was wasting too much space arguing over the definition of inflation...so I'm going shut-up now.
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