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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (70885)11/4/2007 6:41:34 AM
From: Sunny Jim  Read Replies (1) of 116555
 
<<Inflation is an increase in money supply and credit. >>

I would think that you need to qualify your definition by adding "relative to the increase in GDP". In other words if the GDP is increasing, the amount of money supply and credit could increase by the same percentage without causing inflation, no?
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