Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: AdamSelene235
2 : a contraction in the volume of available money or credit that results in a general decline in prices
143 posted on 12/11/2005 7:46:04 PM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
[ Post Reply | Private Reply | To 142 | View Replies ]


To: Toddsterpatriot
2 : a contraction in the volume of available money or credit

How do you measure money and credit? Sir Greenie admits he can't do it. M3 is no longer worth reporting to the public.

that results in a general decline in prices

How do you measure a general price level. How do you determine causality between unmeasured money and credit and prices?

145 posted on 12/11/2005 7:51:50 PM PST by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
[ Post Reply | Private Reply | To 143 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson