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

To: benwood who wrote (50508)	1/20/2006 6:07:56 PM
From: GST	Read Replies (1) \| Respond to of 110194

< the root cause> This is what Mish says: "Inflation is an increase or decrease in money. Period." Message 22082827 The monetarists are not saying that the money supply has an impact on inflation, they are saying that money supply "is" inflation. Does money supply play a role in my view? YES! But a role in what? A role in determining prices. When a person (I am thinking of Mish here) says that prices don't matter, only money supply matters, that person is practicing faith-based montary religion and it has nothing to do with inflation and deflation.