To: Southack
Economic growth is not deflationary. Office rental prices do NOT deflate just because you have a hot economic zone. Home prices do not decline in economic boom towns (look at Vegas, please). Salaries do not decline when your company is growing. Southack, you're really losing it on this thread. Of course economic growth is deflationary. Office rents will decline if our growth included lots of new rental properties. Home prices will decline if we build lots of new houses.
If inflation is too much money chasing too few goods (money becomes worth less,buys less) then of course too many goods chasing too little money is deflation (money becomes worth more, buys more).
403 posted on
11/29/2004 11:21:31 AM PST by
Toddsterpatriot
(Protectionists give me the Willies!!!)
To: Toddsterpatriot
"Southack, you're really losing it on this thread. Of course economic growth is deflationary."So prices for goods and rents are *lower* in the U.S. today, after 74 years of economic growth, than they were in 1930?
Do you even understand what "deflationary" means?!
405 posted on
11/29/2004 11:33:09 AM PST by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Toddsterpatriot
"Southack, you're really losing it on this thread. Of course economic growth is deflationary."
413 posted on
11/29/2004 11:53:45 AM PST by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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