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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (50286)	1/19/2006 3:52:18 PM
From: chainik	Read Replies (1) \| Respond to of 110194

Mish, Does your deflation scenario has any time frame attached to it? If it does not, it is probably not of much use in a practical sense (how many tops in gold were nailed by Pretcher?); if it does, what is it?

To: mishedlo who wrote (50286)	1/19/2006 4:17:15 PM
From: ild	Read Replies (1) \| Respond to of 110194

<<<Deflation is a decline in credit and money supply.>>> I don't care about definitions from economics 101. For example Wikipedia gives the following definition: (they don't even mention money supply and asset prices) In economics, deflation is a decrease in the general price level, or a rise in the purchasing power of money with respect to a large class of consumption goods or services, over a period of time. Inflation is the opposite of deflation. en.wikipedia.org So IMO if we are to maintain a productive discussion here we should assume that other people may have different definitions for the words we use.