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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (70676)11/17/1999 3:59:00 PM
From: Nadine Carroll  Read Replies (3) | Respond to of 132070
 
Earlie,
How is it that a 50% increase in M3 has caused asset inflation but not CPI inflation? Shouldn't this great lot of money be running after all goods?

Please explain slowly for the benefit of those completely untutored in economics, like me (g)

Thanks,
Nadine



To: Earlie who wrote (70676)11/17/1999 10:05:00 PM
From: Terry Whitman  Read Replies (1) | Respond to of 132070
 
A lovely chart here for you. All indications are that this one will retrace most, if not all, of it's recent move up-
iqc.com

No guarantees though. <g>