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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (70898)11/4/2007 3:27:57 PM
From: Sunny Jim  Read Replies (1) of 116555
 
Mish,

By not tying your definition of inflation as money supply and credit to GDP level you're saying that money supply and credit are independent of GDP. What then determines the level of money supply and credit that are appropriate for the economy?
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