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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: surelockhomes who wrote (1554)	5/12/2006 2:45:58 AM
From: c.hinton	Respond to of 50101

talking about inflation and deflation is very difficult.it is a relationship between the supply of money,the velocity it circulates and production costs across a wide range of asset classes. clasic deflation occurrs because of hoarding cash (read gold silver copper). i use the word hoarding in the sence that monies are not invested, but taken out of circulation,ie being under the matterass and its velocity being reduced to 0. i do not believe there will ever be a shortage of fiat monies. result stagflation in general and deflation across a range of asset classes bubbles.imho