SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SouthFloridaGuy who wrote (122058)5/10/2008 5:09:01 PM
From: GSTRead Replies (1) of 306849
 
Here is why you are wrong LIG: A debtor nation can experience high levels of inflation without any increase in money supply. How? By the impact of currency depreciation. Inflation is impacted by money supply -- and it is also impacted by currency depreciation. Those small minded fools who try to say that inflation is ONLY a function of money supply have looked like monkeys this past year. And as the dollar continues to slide they will look like even bigger monkeys next year.

To say that our inflation is not driven by policy is wrong -- we have a fiscal and monetary policy intended to pretend that our economy can run forever on debt -- it can't. The end game is showing up now -- and it is called inflation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext