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


To: GST who wrote (75157)12/9/2006 6:53:20 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Once again you have no idea of economic reality.
Inflation starts with expansion of money and credit.
Inflation ends when the central bank is no longer able or willing to extend credit and/or when consumers and businesses are no longer willing to borrow because further expansion and /or speculation no longer makes any economic sense.
That too is a simple economic fact.



To: GST who wrote (75157)12/9/2006 10:10:00 PM
From: pogohere  Read Replies (1) | Respond to of 110194
 
"persistent changes in price levels -- what people call inflation and deflation"

I just wanna make sure I grok this: are you defining inflation and deflation as changes in price levels: price up=inflation, price down=deflation?

So if the price of my shares in company A go up, that's inflation, and if the price goes down, that's deflation?

Thanks