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


To: NOW who wrote (88649)11/7/2007 2:29:40 PM
From: GST  Read Replies (3) | Respond to of 110194
 
<there are lots of clear thinkers who disagree with your definitions, is that not right?> Not that I have seen -- and "my" definitions are straight from the dictionary. The article that Bart sent me put it right in the first sentence -- deflation is a decline in prices -- and this was his citation to the definition of what "debt deflation" is -- and what it "is" is a decline in prices with a specific cause -- that cause being a credit contraction. Those who want to impose some sort of religious beliefs on the definition of inflation -- i.e. that inflation has only one cause and therefore anything not caused by that cause cannot be inflation -- are confused nutjobs. Just say what you mean in plain english -- then we can discuss whatever you like.