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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 (53844)	2/14/2006 3:51:47 PM
From: GST	Read Replies (1) \| Respond to of 110194

<Inflation is best described as a net expansion of money supply and credit> LOL -- then you are living in your own little dream land and can do as you please. Whether money supply and credit are growing or not growing per se -- in and of itself -- matters not one bit to me or anybody else who lives in the real world (or the 21st century for that matter). It is a purely ideological viewpoint best suited to small gatherings behind closed doors where people who have nothing better to do wring their hands and pine away for the days of the gold standard. One thing for certain in my view -- any definition of inflation that does not recognize that inflation refers to persistent price changes is irrelevant to a meaningful discussion of economics in the real world.

To: mishedlo who wrote (53844)	2/14/2006 4:14:32 PM
From: loantech	Read Replies (2) \| Respond to of 110194

mish, I think you are right. I always heard inflation is more dollars chasing the same amount of goods and deflation is less dollars chasing the same amount of goods. BWDIK? BTW in regards to our quality of meat ala Ranchers Reserves discussion you need to quite eating MEAT! <g> I read an article about Jack Lalane this AM. He is 91 and he looks good, arms look well defined etc. He does not eat much. LOL. No sugar. Rats. Lots of vegies and fruit. Ok. Takes the yolks out of eggs. Rats. Eats only the leanest of meat. Rats Better quit your rib steaks and send them to me! <g> Best to you and the family, Tom