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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: lifeisgood who wrote (98816)1/3/2008 4:08:23 AM
From: GSTRead Replies (2) of 306849
 
<I for one never said that credit can't cause inflation>

O really?
This is what you said:

<Exactly. That's why credit doesn't equate with money supply. It's the difference between temporary (must be payed back with interest soon) and permanent (will probably never be payed back, e.g., federal deficit) injections. The former will not cause inflation any more than when people max out their credit cards.>
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