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To: expat_panama; KarlInOhio

Nope, KarlInOhio has the correct definition. Improvements in productivity, which theoretically can lead to general deflation are good things.

Inflation is a monetary event, too much money chasing too few goods. See Spain’s experience with American gold.


45 posted on 10/24/2014 3:58:48 AM PDT by 1010RD (First, Do No Harm)
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To: 1010RD
KarlInOhio has the correct definition.

Huh.  All I got was the word "inflation" being used for various different things --I hate it when folks change definitions in mid sentence, it makes logic impossible.  We can only converse if we give our words meanings; if you don't want to use the dictionary one then tell me what you do mean or pick a different one off of this page here.  Either that or we can enjoy our Friday morning posting words and just skip having meanings --I'm easy.

54 posted on 10/24/2014 4:57:25 AM PDT by expat_panama
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