Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Tommaso who wrote (75497)	12/14/2006 2:20:29 AM
From: bart13	Read Replies (1) \| Respond to of 110194

Which texts are you referring to? And does this imply that older texts are "more advanced"? Also, at least one current Merriam Webster definition is as follows: "a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services" Webster's International, anything prior to about 1975. The OED, anything prior to about 1995 and I haven't checked later ones. And yes, I do think that a definition that isn't a label is more advanced. I also think that the general education of today on basics is certainly no better than that of decades ago, and probably more than a little worse. I place part of that blame and responsibility on the declining quality of dictionaries, and there are many other places for blame and responsibility too.

To: Tommaso who wrote (75497)	12/15/2006 12:31:00 AM
From: mishedlo	Read Replies (1) \| Respond to of 110194

So by your definition it is ok to print like a Mf*r just like Greenspan did in the 90's as long as prices don't go up. Kasriel had it correct. Greenspan was one lucky guy. Falling oil prices and rising productivity made all that printing by your definition OK. Not mine. Oh and not only mine, but Issing and Stern and Duisenberg and Friedman and Kasriel Message 23104302 BTW - It seems the further one gets away from the idea that inflation is a monetary thing the more towards silliness one gets. To paraphrase a certain someone. Now it just might might behoove those who think inflation is related to prices while labeling everyone else a "lunatic" lest others may start categorizing you the same way. Mish