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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (241166)3/16/2010 5:57:33 PM
From: GSTRead Replies (2) | Respond to of 306849
 
Goodness, the money supply must grow to accommodate a larger and larger economy -- it is that straight forward -- unless you belong to some cult that views this as 'inflation'. Ironically, this same cult believes that if the money supply is not increasing but prices are skyrocketing then there is no inflation going on, only price increases (as if increasing prices had nothing to do with inflation). Again, it is a free country and we are all as free to be confused as we so choose. But for me it is straight forward -- money supply growth that is in keeping with overall growth in the economy is not an issue -- excessive money supply growth or lack of it is an issue.