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To: Southack
Oh sure, in theory there can be cases where GDP growth actually causes deflation, but that's the exception.

The rule is that most of the time we see higher prices as an area grows economically.

Higher prices due to higher demand is different from inflation.

So, do you understand what the Fed does? Do you know what monetary is?

442 posted on 11/29/2004 4:47:16 PM PST by Toddsterpatriot (Protectionists give me the Willies!!!)
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To: Toddsterpatriot
"Higher prices due to higher demand is different from inflation."

Surprisingly, that's actually true.

However, in the scope of politics for the masses with regard to the global impact of our current Dollar policy, that sort of truth is beside the point. The masses just want to know if prices are going to go up or down, not which academic reason is responsible (save for placing blame).

This is neither the time nor the place to get bogged down debating nuances in semantics and academic axioms.

444 posted on 11/29/2004 4:59:27 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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