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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Cage Rattler who wrote (29231)4/14/2010 4:37:10 PM
From: Wayners  Read Replies (1) | Respond to of 103300
 
Do you think "inflation" is the wrong way to describe what happens if say an asset bubble in bonds were to be deflated, or the dollar were devalued, say replaced by a new currency at a rate of 1 to 5, or if there was a bond default? Clearly prices would skyrocket, but is that really called inflation? I think it's just called a devaluation and isn't really called inflation.