Comments on: Debtflation http://www.creditwritedowns.com/2009/10/debtflation.html Finance, Economics and Markets Thu, 09 Feb 2012 23:29:37 +0000 hourly 1 By: Anonymous http://www.creditwritedowns.com/2009/10/debtflation.html#comment-57403 Anonymous Sat, 24 Oct 2009 14:56:00 +0000 http://www.creditwritedowns.com/2009/10/debtflation.html#comment-57403 "In essence, I am saying money inflation won't feed through to consumer price inflation (viewed as undesirable) in the short-term if there is an output gap. Instead it will manifest itself in asset price inflation (viewed as desirable). The CPI is so baked since Nixon backed out fuel and food - 2 staples consumers can't do without that I myself can't even look at that. Working moms and dads are now hammered with gas pushing 3 bucks again and food bills taking up the other end of their paycheck, if they even have a job. IMHO these morons are debasing the currency and this won't end well. “In essence, I am saying money inflation won’t feed through to consumer price inflation (viewed as undesirable) in the short-term if there is an output gap. Instead it will manifest itself in asset price inflation (viewed as desirable).

The CPI is so baked since Nixon backed out fuel and food – 2 staples consumers can’t do without that I myself can’t even look at that. Working moms and dads are now hammered with gas pushing 3 bucks again and food bills taking up the other end of their paycheck, if they even have a job.

IMHO these morons are debasing the currency and this won’t end well.

]]> By: Edward Harrison http://www.creditwritedowns.com/2009/10/debtflation.html#comment-57402 Edward Harrison Sat, 24 Oct 2009 12:26:00 +0000 http://www.creditwritedowns.com/2009/10/debtflation.html#comment-57402 agreed, but you are talking about money inflation which is real inflation (old book). And i am talking about consumer price inflation which is visible inflation (common use). In essence, I am saying money inflation won't feed through to consumer price inflation (viewed as undesirable) in the short-term if there is an output gap. Instead it will manifest itself in asset price inflation (viewed as desirable). agreed, but you are talking about money inflation which is real inflation (old book). And i am talking about consumer price inflation which is visible inflation (common use).

In essence, I am saying money inflation won’t feed through to consumer price inflation (viewed as undesirable) in the short-term if there is an output gap. Instead it will manifest itself in asset price inflation (viewed as desirable).

]]> By: Anonymous http://www.creditwritedowns.com/2009/10/debtflation.html#comment-57401 Anonymous Sat, 24 Oct 2009 12:18:00 +0000 http://www.creditwritedowns.com/2009/10/debtflation.html#comment-57401 It is not clear that quantitative easing really is inflationary (at least in the short-term). ???????????????????????????????????? I'd disagree. What is the difference between a 1 dollar bill and a 20 dollar bill? What is the difference between a 1 gram ounce of PM and a 1 oz PM? Also, if you have 1 trillion bucks and you print another trillion you've just turned every 10 dollar bill into a 5 dollar bill. Most economist get the economy but they were never schooled about what money is. Inflation, by definition (old book) is the increase in the money supply. Increasing the amount of ANYTHING reduces it's value. It is not clear that quantitative easing really is inflationary (at least in the short-term).

????????????????????????????????????

I’d disagree. What is the difference between a 1 dollar bill and a 20 dollar bill? What is the difference between a 1 gram ounce of PM and a 1 oz PM?

Also, if you have 1 trillion bucks and you print another trillion you’ve just turned every 10 dollar bill into a 5 dollar bill.

Most economist get the economy but they were never schooled about what money is.

Inflation, by definition (old book) is the increase in the money supply. Increasing the amount of ANYTHING reduces it’s value.

]]> By: Mark G. http://www.creditwritedowns.com/2009/10/debtflation.html#comment-57395 Mark G. Fri, 23 Oct 2009 15:09:00 +0000 http://www.creditwritedowns.com/2009/10/debtflation.html#comment-57395 I'm yet to be convinced that the the US govt. can actually inflate their debt away. If running current budget surpluses I could see it. I’m yet to be convinced that the the US govt. can actually inflate their debt away. If running current budget surpluses I could see it.

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