Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: UnBelievable who wrote (1540)	5/19/2003 11:29:39 PM
From: GraceZ	Read Replies (1) \| Respond to of 4912

I read it. I was pointing out Japan to show that your definition of inflation is not quite accurate. Your definition could be gotten from any number of dictionaries or even books about economics, but what inflation really boils down to is a loss in purchasing power for a currency, whatever the root cause of that loss might be. ie: money supply growing in excess of goods and services produced, etc. I can't think of any better way to express a loss of purchasing power then by a widespread general rise in prices. By the strict monetarist definition Japan is in an inflation, but I dare say you'd have a great deal of difficulty convincing the populace of that or even any economists (maybe those Austrians would believe it. -g-)