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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (70885)	11/4/2007 6:41:34 AM
From: Sunny Jim	Read Replies (1) \| Respond to of 116555

<<Inflation is an increase in money supply and credit. >> I would think that you need to qualify your definition by adding "relative to the increase in GDP". In other words if the GDP is increasing, the amount of money supply and credit could increase by the same percentage without causing inflation, no?

To: mishedlo who wrote (70885)	11/4/2007 5:17:21 PM
From: The Vet	Respond to of 116555

<< Oil is set to hit $100 a barrel: Is This Deflation? >> Perhaps it is better put this way... Oil is set to hit 0.12 ounces of gold a barrel: Is that Deflation? At least with my version we have firm measuring sticks to make the comparison..