OT--Ping: To all who keep warning me of a housing bust in Naples

#12

DSK

Posts: n/a

Starbuck wrote:

Doug,
If you increased the money supply by 25% without any increase in
productivity, you could expect inflation to be 25% in less than 2 years

You economics geniuses are really funny.

Ever heard of the velocity of money?

Check it out, dude.
Get back to me.

Oh wait, before you start talking about 'money supply' you should also
look up 'checkable deposits.'

DSK

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