money supply can grow much faster than inflation

[Finster]

Re: money supply can grow much faster than inflation

?

LOL, is this what in the US they call a Yogism? http://www.rinkworks.com/said/yogiberra.shtml

No sense in going there. You either know what I'm talking about or are bored, or something else.

You're welcome to invent your own definitions and not use or believe in the precision ones that are in major dictionaries.

Arghhh ... semantics! :rolleyes:

FWIW, we just have to recognize that just as with any other word, the word "inflation" has more than one accepted definition. Open any dictionary, and you typically see something like:

Xxxx
1.
2.
3...

The real issue is not what the word means, but what constitutes an unacceptable increase in money supply, the "general price" level (and what exactly constitutes it), and the means whereby money supply changes. Add more if you wish...

[bart]

Re: money supply can grow much faster than inflation

Arghhh ... semantics! :rolleyes:

FWIW, we just have to recognize that just as with any other word, the word "inflation" has more than one accepted definition. Open any dictionary, and you typically see something like:

Xxxx
1.
2.
3...

The real issue is not what the word means, but what constitutes an unacceptable increase in money supply, the "general price" level (and what exactly constitutes it), and the means whereby money supply changes. Add more if you wish...

http://www.nowandfutures.com/grins/bologna_oscar.wav
http://www.nowandfutures.com/grins/rimshot.mp3 ;)

And there's only one precision definition of inflation too...
http://www.nowandfutures.com/grins/argh.wav

[blazespinnaker]

Re: money supply can grow much faster than inflation

Inflation is the general rise in prices. If you want to have a discussion where we use the same dictionary, let me know.

[Sapiens]

Re: money supply can grow much faster than inflation

Inflation is the general rise in prices. If you want to have a discussion where we use the same dictionary, let me know.

Well, I disagree with your dictionary and definition. I will stick with mine, and continue to accumulate wealth with it.

-Sapiens

[Finster]

Re: money supply can grow much faster than inflation

Also, as for me posting a lot of threads, I have to say I find you hijack quite a few of my threads, so I guess that makes us even. ;) Anyways, this thread is about how money supply can grow faster then inflation. The other one was about Galbraith. Having to weed through dozens of responses to find out what they're about is a little tough..;) But, I'll cut down on thread posting if it'll make you happy. ;)

And I'll try to cut down on hijacking your threads ... ;)