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

To: stockfiend who wrote (77759)	4/16/2008 10:55:02 AM
From: John McCarthy	Read Replies (2) \| Respond to of 116555

Hi stock .... Is this your definition of deflation(?), and if not, would you post one. inflationdata.com regards, John

To: stockfiend who wrote (77759)	4/16/2008 12:28:49 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

Low interest rates do not equal deflation. Never said it was. But it is what one would expect to see in deflation. People walking away from their homes does not equal deflation. Never said it was. But it is what one would expect to see in deflation. Credit contraction does not equal deflation. Believe what you want but a net reduction in money supply and credit is deflation in Austrian Economics. It is your right to believe otherwise. You can also believe in the tooth fairy if you want. My model fully explains why interest rates are low, gold is rising, and housing is plunging. Inflation models cannot explain low interest rates while I called for them. But as I said, you are entitled to believe what you want. Mish