SI
SI
discoversearch

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: rudyt who wrote (53900)2/15/2006 1:07:05 PM
From: GST  Read Replies (1) | Respond to of 110194
 
I read what Claude had to say -- it is ridiculous. There is no balancing act where the price of one thing offsets the price of anther when there is a "fixed" supply of money. The things that money can buy -- goods and services -- are not fixed in quantity. The resources available to make things with are not fixed in quantity. Demand for goods and services is not fixed in quantity. Demand for positional value is not fixed in quantity. You cannot draw any meaningful conclusions about prices without reference to the supply and demand for goods, services and the international supply and demand for money itself in a multi-currency world.

By the way, just in case you were wondering, the earth is not flat.