To: Toddsterpatriot
Yes, you are disagreeing with yourself. On the one hand you claim that economic growth is deflationary, but on the other hand you claim that deflation is strictly a monetary phenomenon.
Economic growth is different than "monetary phenomenon," thus, you are disagreeing with yourself.
418 posted on
11/29/2004 12:00:38 PM PST by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Southack
So, you don't know what causes inflation?
419 posted on
11/29/2004 12:01:43 PM PST by
Toddsterpatriot
(Protectionists give me the Willies!!!)
To: Southack
On the one hand you claim that economic growth is deflationary, but on the other hand you claim that deflation is strictly a monetary phenomenon. Economic growth is different than "monetary phenomenon," thus, you are disagreeing with yourself.
Inflation is a monetary phenomenon.
Deflation is a monetary phenomenon.
GDP growth is deflationary.
GDP growth is not deflation.
That "ary" on the end of that word changes the meaning.
Maybe if you understood what the Federal Reserve did, you wouldn't be so confused.
435 posted on
11/29/2004 4:22:57 PM PST by
Toddsterpatriot
(Protectionists give me the Willies!!!)
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