Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is anybody still buying silver and gold?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1328775, member: 26302"]No sir I disagree. Inflation is NOT an increase in the money supply. Inflation is the increase in XXX, (dollars, gold, silver, money), that it takes to buy good Y. The money supply can increase indefinitely and not drive inflation, if the quantity in the basket of goods purchased goes up proportionately. If the basket of goods is fixed, THEN increasing the money supply will drive inflation.</p><p><br /></p><p>Its a misconception that drives wrong behavior. You are correct if you are assuming consumption is static, (not increasing), to say increased money supply=inflation. If you are assuming that, though, you must always state this otherwise your statement on its face is false.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1328775, member: 26302"]No sir I disagree. Inflation is NOT an increase in the money supply. Inflation is the increase in XXX, (dollars, gold, silver, money), that it takes to buy good Y. The money supply can increase indefinitely and not drive inflation, if the quantity in the basket of goods purchased goes up proportionately. If the basket of goods is fixed, THEN increasing the money supply will drive inflation. Its a misconception that drives wrong behavior. You are correct if you are assuming consumption is static, (not increasing), to say increased money supply=inflation. If you are assuming that, though, you must always state this otherwise your statement on its face is false. Chris[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is anybody still buying silver and gold?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...