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is my understanding

Posted on: March 6, 2024 at 12:28:53 CT

o'lineydisciple MU

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6699

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M.O.B. Votes:

That inflation has 3 causes/factors:

-amount of money;
-amount of goods/services produced/available;
-speed at which money is spent.

I suppose unemployment *could* affect the latter two, but the first one is also a glaring factor.

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

Krugman: Low Unemployment Causes Inflation, - pickle MU

- 3/6 12:19:50

he's a gas (nm) - 90Tiger STL - 3/6 15:31:31

Krugman pretends to be an economist for progressive dems - RHAYWORTH MU - 3/6 13:21:13

Krugman knows the definition of inflation! - JG MU

- 3/6 13:19:39

lmfao (nm) - Sal CMSU - 3/6 13:56:58

Hey FMB - this is a good post to help you understand - CulturedDan MU

- 3/6 13:23:28

LOL(nm) - Fire Marshall Bill MU - 3/6 13:27:39

IKR - JG MU

- 3/6 13:30:51

When unemployment was 3.5% in Sep 2019 inflation was 1.7% - Spanky KU - 3/6 12:41:12

Krugman - Spanky KU - 3/6 12:31:00

is my understanding - o'lineydisciple MU - 3/6 12:28:53

no, inflation is an increase in the money supply (nm) - pickle MU

- 3/6 12:36:30

relative to goods/services produced - o'lineydisciple MU - 3/6 14:46:01

no, it’s just an increase in the money supply (nm) - pickle MU

- 3/6 15:25:45

according to whom or what?(nm) - Fire Marshall Bill MU - 3/6 12:42:01

real economists - ashtray UF - 3/6 12:46:45

"real economists" - Fire Marshall Bill MU - 3/6 12:54:21

no, meaning not the guys shilling for the gvmt (nm) - 90Tiger STL - 3/6 15:32:36

no, it matches reality. - CulturedDan MU

- 3/6 13:02:18

I'm not following your first point - Fire Marshall Bill MU - 3/6 13:06:40

when there was more gold, the purchasing power of gold - CulturedDan MU

- 3/6 13:11:48

thanks(nm) - Fire Marshall Bill MU - 3/6 13:21:22

wrong again - ashtray UF - 3/6 13:02:05

laziness - pickle MU

- 3/6 12:59:52

educate myself on what? - Fire Marshall Bill MU - 3/6 13:04:59

do you want to read or watch a video?(nm) - CulturedDan MU

- 3/6 12:45:22

like these? - Fire Marshall Bill MU - 3/6 12:53:24

I was thinking this might be more helpful - CulturedDan MU

- 3/6 12:57:12

I watched it, but it wasn't helpful - Fire Marshall Bill MU - 3/6 13:03:42

i don’t think you understand how a dictionary works - pickle MU

- 3/6 13:13:16

how does a dictionary work? - Fire Marshall Bill MU - 3/6 13:20:54

word usage comes first - pickle MU

- 3/6 13:25:02

noted(nm) - Fire Marshall Bill MU - 3/6 13:26:51

RE: noted(nm) - pickle MU

- 3/6 13:34:24

when were those words in that definition placed - CulturedDan MU

- 3/6 13:22:36

the definition you just linked - CulturedDan MU

- 3/6 13:07:32

yes, but he's also saying that it is independent of - Fire Marshall Bill MU - 3/6 13:10:15

price levels are affected by inflation. I don't see how you - CulturedDan MU

- 3/6 13:12:38

I'm not confused by anything - Fire Marshall Bill MU - 3/6 13:15:20

Bill, you're so close to accepting that you've learned - 90Tiger STL - 3/6 15:35:55

price increases are a symptom of inflation - ashtray UF - 3/6 13:12:08

that's where there is disagreement - Fire Marshall Bill MU - 3/6 13:16:25

because people are misinformed by those - ashtray UF - 3/6 13:22:16

100% spot on (nm) - 90Tiger STL - 3/6 15:36:52

interesting(nm) - Fire Marshall Bill MU - 3/6 13:26:36

RE: do you want to read or watch a video?(nm) - pickle MU

- 3/6 12:52:30

you are non-participating so hard today!(nm) - Fire Marshall Bill MU - 3/6 12:57:04

He's right. He's an expert AND I've seen him on TV(nm) - CulturedDan MU

- 3/6 12:25:22

Krugman's analysis always defends the fiat system - ashtray UF - 3/6 12:22:49