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<p>[QUOTE="medoraman, post: 1050355, member: 26302"]Good points Jeff. Money supply growth is never by itself a bad thing. Remember that if goods and services grow at the same rate as the money supply then you will have zero inflation. The problem is that deflation is much worst off for an economy, so the Fed has to error on the side of oversupply. This would be fine as long as the politicians stopped making the Feds decision for them by limiting government spending.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1050355, member: 26302"]Good points Jeff. Money supply growth is never by itself a bad thing. Remember that if goods and services grow at the same rate as the money supply then you will have zero inflation. The problem is that deflation is much worst off for an economy, so the Fed has to error on the side of oversupply. This would be fine as long as the politicians stopped making the Feds decision for them by limiting government spending.[/QUOTE]
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