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: GST who wrote (75301)12/11/2006 3:07:00 PM
From: orkrious  Read Replies (3) | Respond to of 110194
 
Does that sound like a man who thinks that money supply is inflation.

Yes it does. The Fed can't control where it goes. In this case it went into asset prices more than anything else.



To: GST who wrote (75301)12/12/2006 10:15:48 AM
From: Tommaso  Respond to of 110194
 
"If inflation is money supply then you could hardly have a large increase in money supply and no inflation."

That, in fact, was the flaw in Milton Friedman's analysis: he did not anticipate the acceleration in productivity that outran increases in money supply in the 1980s and 1990s. According to Friedman's figures, there should have been more inflation than there turned out to be.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News