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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (259726)	9/10/2003 12:05:41 PM
From: ild	Read Replies (1) \| Respond to of 436258

I don't care about textbook definitions about inflation and deflation. Right now it's all about debt servicing. To me inflation is what makes debts to fade away and deflation is what makes harder to service debts. If, like CI pointed out, there is no wage inflation then rising prices on consumer necessities is deflationary (makes you harder to service debts). For instance, consider the case when oil doubles but your salary stays flat.