The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: Tommaso who wrote (75497)	12/15/2006 12:31:00 AM
From: mishedlo	Read Replies (1) of 110194

So by your definition it is ok to print like a Mf*r just like Greenspan did in the 90's as long as prices don't go up. Kasriel had it correct. Greenspan was one lucky guy. Falling oil prices and rising productivity made all that printing by your definition OK. Not mine. Oh and not only mine, but Issing and Stern and Duisenberg and Friedman and Kasriel Message 23104302 BTW - It seems the further one gets away from the idea that inflation is a monetary thing the more towards silliness one gets. To paraphrase a certain someone. Now it just might might behoove those who think inflation is related to prices while labeling everyone else a "lunatic" lest others may start categorizing you the same way. Mish

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