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To: Ilaine who wrote (95459)4/17/2001 6:33:04 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
With that I agree, but I dont think the Austrian argument is one of semantics...



To: Ilaine who wrote (95459)4/17/2001 7:01:19 PM
From: Don Lloyd  Respond to of 436258
 
CB -

It's impossible to have a meaningful conversation when the participants use the same word to mean different things. You could say "an increase in the money supply" and I could say "an increase in the price of goods and services," and we'd know we were talking about different things.

PPM? (Purchasing Power of Money)

Regards, Don