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To: GraceZ who wrote (95504)4/17/2001 10:06:55 PM
From: oldirtybastard  Respond to of 436258
 
It isn't a very good definition for inflation in this country since we gave up the gold standard a while back.


in god we trust, ho ho ho



To: GraceZ who wrote (95504)4/17/2001 11:57:19 PM
From: NOW  Read Replies (2) | Respond to of 436258
 
"as is generally defined in economics".
Yes, in what school of economic thought and where has that brought us?



To: GraceZ who wrote (95504)4/18/2001 12:52:31 AM
From: LLCF  Read Replies (2) | Respond to of 436258
 
<What would happen if the monetary base did not grow with the size of the economy?>

What does that mean since the size of the economy is measured in dollars??

DAK


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