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

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To: jazz_lover who wrote (96502)	8/21/2008 2:14:54 AM
From: GST	Read Replies (4) of 110194

Hi Jazz -- ok, I will post some really sick garbage -- how is this? Deflation is a contraction in money supply unrelated to anything other than the action of a single central bank and unrelated to the economic relationships between countries, and most importantly, it is completely unrelated to changes in prices paid in any given currency. Now for the gem -- inflation has nothing to do with rising prices. Inflation is always and is only an increase in money supply and has nothing whatsoever to do with prices -- inflation is not a deterioration in purchasing power of a currency. Inflation is not a persistent rise in price levels. Inflation is a rise in money supply caused by a rise in money supply. Therefore -- despite soaring double digit price increases, the US is in a serious deflation because money supply is not increasing -- and of course I don't want to talk about actual numbers to prove that money supply is indeed on the decline -- you just have to take my word for it. How did I do ??? :))

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