Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: The Truth Will Make You Free

“Notice that inflation is not the rise in prices”

True, we call that “price inflation.”


52 posted on 05/16/2011 12:31:41 PM PDT by Tublecane
[ Post Reply | Private Reply | To 34 | View Replies ]


To: Tublecane; All

Definitions of “inflation” can vary in depth and complexity but what cannot be gotten around is that the MEASURE of “inflation” is % increase in prices. It isn’t percentage increase in monetary or credit aggregates but prices. Same is true in Deflation it is measured as % decrease in PRICES.

There is little that can be said about inflation/deflation without speaking of prices.

You won’t find “price inflation” as a term in Economics Dictionaries.


60 posted on 05/16/2011 1:39:22 PM PDT by arrogantsob (Why do They hate her so much?)
[ Post Reply | Private Reply | To 52 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson