SI
SI
discoversearch

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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (21966)5/13/1998 9:28:00 PM
From: waverider  Read Replies (2) | Respond to of 95453
 
Hi Ho PK. Yes, you are right. Things cost more than they did 20 years ago. That is not what I was talking about. The near zero inflation rate we have now is the result of the Fed doing an outstanding job managing the money supply. The Fed is not like the Bank of Brazil that used to print money like toilet paper...hence the 200% inflation rates not long ago.

The steady, market controlled creep of prices over the long haul you mention is a normal trend in healthy, expanding economies such as ours.

<H>