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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (15687)	12/31/2003 8:51:00 AM
From: Tommaso	Respond to of 306849

>>>You shouldn't post public notes so soon after you've been drinking. <<< Shut up you self-intoxicated creep.

To: Elroy Jetson who wrote (15687)	12/31/2003 11:04:18 AM
From: GraceZ	Read Replies (1) \| Respond to of 306849

Instead of trying to escape refuting what I say with a glib remark why not try challenging what I wrote. At least you could have divided change in output by change in money supply, but that wouldn't have availed you either. It's just another attempt to relate apples and oranges. I guess what you're trying to do is relate money and output. In fact if you look up inflation in the dictionary you get a definition that is pretty close to that. They usually say something like "money supply growing faster than the output of goods and services". They do the same thing you are doing, they confuse what they think is the cause of inflation with the definition. You'd get a better definition from a bunch of construction workers. You ask them what it means and they say something like, "My pay check doesn't buy what it used to buy." Or a group of house wives, "I go to the grocery store and I'm spending a lot more to get the same things" or "the cereal box costs the same and is the same size but it doesn't have as much cereal in there". To prove that money supply growing faster than output is inflation would mean that you'd have to convince a large number of Japanese that what they are experiencing right now is inflation.