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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Mark Adams who wrote (41037)11/7/2003 3:00:19 AM
From: macavity  Read Replies (1) | Respond to of 74559
 
Interesting point.

Saving is just consumption deferred.

There are definite time-effects how qualifiable/quantifiable these are I really do not know.

One of the things that can be used to describe inflation is the 'basket of goods'.
Deflation - K-Cycle Autumn & Winters - usually are associated with massive tech booms and increases in productivity.
During these periods the basket of goods and services changes drastically.

These factors - save or consume and which basket of goods to consume - usually mean that we are never talking about the same thing, and suffer from moving goal-post syndrome.

However I do believe that
New money is inflation postponed! - as every good counterfeiter knows.

-macavity