🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

Article View: sci.econ
Article #2145

Re: Mises vs. Fisher: The Showdown Has Finally Arrived

#2145
From: foolsrushin
Date: Sat, 07 Feb 2009 07:58
35 lines
2938 bytes
On 5 Feb, 12:39, "Andy F." <never.m...@tesco.net> wrote:
> "Econotron" <njmfi...@hotmail.com> wrote in message
>
> news:BYqhl.601$eK2.438@nwrddc01.gnilink.net...
>
>
>
> > <hp...@lycos.com> wrote in message
> >news:e45c0c2c-9c77-4f0b-86ff-d9a13da1a032@u18g2000pro.googlegroups.com...
> > On Feb 1, 1:09 pm, Don Tiberone <s_knig...@my-Deja.com> wrote:
> >>http://www.lewrockwell.com/north/north677.html
>
> >> Mises vs. Fisher: The Showdown Has Finally Arrived
>
> > [snip]
>
> > Complex material, give it a shot.
>
> > =========================================================================
>
> > Not really. There is no contradiction here. Currently the multiplier is
> > falling faster then the base is growing, because of the credit collapse.
> > When the multiplier starts growing again, the prices will race ahead.
> > Today gold clearly indicates inflation. So, it is Mises, who will have the
> > last laugh. The rest of us will cry :-)

Absolutely! They go for gold, drive up its price ... .

> When that starts to happen the Fed will just need to contract the monetary
> base. Which they can do easily enough by calling in some of the short term
> loans they've made to the banks.

Ain't arithmetic great! THINK!
--
foolsrushin.
Technical Details
Message-ID: <ebee4470-b1bc-4ff2-bd65-40479b4201ed@x10g2000yqk.googlegroups.com>
Path: arc1-ca.pugleaf.net!g2news2.google.com!postnews.google.com!x10g2000yqk.googlegroups.com!not-for-mail
References: <bf9d611b-e2bb-4625-95d7-a1797f1cb2df@z27g2000prd.googlegroups.com> <e45c0c2c-9c77-4f0b-86ff-d9a13da1a032@u18g2000pro.googlegroups.com> <BYqhl.601$eK2.438@nwrddc01.gnilink.net> <6v04vtFhi74pU1@mid.individual.net>

Show Full Headers
Complete Article Headers
X-Google-Thread: fd5f7,16a4dd585deca2bd
X-Google-Thread: 106b5d,16a4dd585deca2bd
X-Google-Thread: 110f21,16a4dd585deca2bd
X-Google-Thread: 102f53,2600c23475f914b9,start
X-Google-Attributes: gidfd5f7,gid106b5d,gid110f21,gid102f53,domainid0,public,usenet
X-Google-Language: ENGLISH,ASCII-7-bit
Path: arc1-ca.pugleaf.net!g2news2.google.com!postnews.google.com!x10g2000yqk.googlegroups.com!not-for-mail
From: foolsrushin <dolomite8@hotmail.com>
Newsgroups: sci.econ,rec.org.mensa,alt.politics.economics,cam.misc
Subject: Re: Mises vs. Fisher: The Showdown Has Finally Arrived
Date: Fri, 6 Feb 2009 23:58:09 -0800 (PST)
Organization: http://groups.google.com
Lines: 38
Message-ID: <ebee4470-b1bc-4ff2-bd65-40479b4201ed@x10g2000yqk.googlegroups.com>
References: <bf9d611b-e2bb-4625-95d7-a1797f1cb2df@z27g2000prd.googlegroups.com> 
 <e45c0c2c-9c77-4f0b-86ff-d9a13da1a032@u18g2000pro.googlegroups.com>
 <BYqhl.601$eK2.438@nwrddc01.gnilink.net> <6v04vtFhi74pU1@mid.individual.net>
NNTP-Posting-Host: 217.34.36.236
Mime-Version: 1.0
Content-Type: text/plain; charset=ISO-8859-1
Content-Transfer-Encoding: 7bit
X-Trace: posting.google.com 1233993489 2352 127.0.0.1 (7 Feb 2009 07:58:09 GMT)
X-Complaints-To: groups-abuse@google.com
NNTP-Posting-Date: Sat, 7 Feb 2009 07:58:09 +0000 (UTC)
Complaints-To: groups-abuse@google.com
Injection-Info: x10g2000yqk.googlegroups.com; posting-host=217.34.36.236; 
 posting-account=rsfFvAoAAADqHCqmunbjtmaKjfuP-pwP
User-Agent: G2/1.0
X-HTTP-UserAgent: Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.0; SLCC1; 
 .NET CLR 2.0.50727; Media Center PC 5.0; .NET CLR 3.0.04506; InfoPath.1; .NET
 CLR 1.1.4322),gzip(gfe),gzip(gfe)