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<p>[QUOTE=&quot;Cloudsweeper99, post: 1400486, member: 3011&quot;]What you continue to miss is that inflation isn&#039;t just a measure of the growth in the supply of money.&nbsp; It is [properly] defined as an increase in the supply of money that exceeds the increase in demand for money.&nbsp; Over the last few years, the demand for money to reliquify the financial system has been enormous, so the inflation rate has been more modest than your economic view expects.&nbsp; </p><p><br /></p><p>Please don&#039;t twist this like you usually do and suggest that I&#039;m saying there is no inflation.&nbsp; I&#039;m not.&nbsp; It&#039;s just not on the order of magnitude of the money supply increase, which proves the point.[/QUOTE]</p><p><br /></p>

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