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I watched it, but it wasn't helpful

Posted on: March 6, 2024 at 13:03:42 CT
Fire Marshall Bill MU
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because I was already fully aware of the consequences of increasing the money supply

the issue we're discussing here is what "inflation" means and according to Webster's it means

a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services

https://www.merriam-webster.com/dictionary/inflation
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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




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