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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 (75268)	12/11/2006 12:36:27 PM
From: NOW	Respond to of 110194

no need to pour salt in the wound Mish...

To: mishedlo who wrote (75268)	12/11/2006 12:58:34 PM
From: GST	Read Replies (2) \| Respond to of 110194

"To come out on top, a forecaster must predict most of the indicators nearly perfectly over a four-year period. Paul Kasriel saw that the inflation rate was going to move up while the unemployment rate was slow to come down. Meanwhile, he projected GDP growth to within a quarter percentage point over the same period." Gee, I wonder what he predicted -- an expansion of money supply or an increase in price levels? Oh ya, I am sure he actually bought your snake oil and actually predicted changes in money supply and then called that inflation! Ya, right -- LOL. By the way, only a total moron would make up a fake conversation with this guy in a vain attempt to give himself a little phony credibility. I don't know him, although I have had the pleasure of meeting Lawrence Klein whose name adorns the award. For what it is worth, Klein would laugh in your face if you told him that inflation is a change in credit and money supply.