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To: BGR who wrote (40837)6/20/2000 10:23:00 AM
From: KeepItSimple  Respond to of 42523
 
>If the Fed didn't increase the money supply majorly, deflation would
>have been wild indeed.

LOL!

>Inflation, as we all know has been mild

I dont know what "we" you're referring to, as most people on this thread know that statement is crap.

>David, I am not going to refer you to any academic research

Yeah we wouldn't want to bring up silly things like facts or peer reviewed statements.



To: BGR who wrote (40837)6/20/2000 10:43:00 AM
From: LLCF  Respond to of 42523
 
<. David, I am not going to refer you to any academic research, sorry.>

No, problem... let's just make sure it's cool for that to go 'both ways' then.

<if the Fed didn't increase the money supply majorly, deflation would have been wild indeed.>

I disagree, I think that less money would be speculating in the stock market, and those prices would be lower, not the prices of 'goods'.

DAK


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