Re: Raul Paul Roasts Bernanke
I'm saying that money supply inflation is the driver, not that every price in the economy responds in the same way or in the same time frame. They don't. Some prices rise, others fall, and the time spectrum over which these changes take place relative to the time of the credit expansion is complex. I may go into it some other time, but I have to jump in the shower and go teach some swing ans salsa.
|