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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (37698)11/28/1998 12:20:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 132070
 
Tommaso, wake up, take a deep breath, open your eyes and see that it is the Fed who's blowing the bubble



To: Tommaso who wrote (37698)11/28/1998 12:34:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
T, Where I would disagree with your summary is in considering goods inflation the only type of inflation. Asset inflation causes more bubbles and depressions than goods inflation, historically. This doesn't fit into a monetarist format, as they tend to ignore asset inflation.

MB


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