home *** CD-ROM | disk | FTP | other *** search
/ NetNews Usenet Archive 1993 #3 / NN_1993_3.iso / spool / sci / econ / 9878 < prev    next >
Encoding:
Internet Message Format  |  1993-01-27  |  850 b 
  1. Path: sparky!uunet!think.com!spool.mu.edu!howland.reston.ans.net!zaphod.mps.ohio-state.edu!pitt.edu!wbdst
  2. From: wbdst+@pitt.edu (William B Dwinnell)
  3. Newsgroups: sci.econ
  4. Subject: Re: Inflation
  5. Message-ID: <2557@blue.cis.pitt.edu>
  6. Date: 26 Jan 93 19:04:14 GMT
  7. References: <1993Jan24.155732.10927@Princeton.EDU> <2455@blue.cis.pitt.edu> <1993Jan26.153202.13289@athena.mit.edu>
  8. Sender: news+@pitt.edu
  9. Organization: University of Pittsburgh
  10. Lines: 7
  11.  
  12.  
  13. Welp, you guys have convinced me that interest does not promote inflation,
  14. or at least your arguments seem to make sense. However, I remain
  15. unconvinced that inflation must necessarily be "artificial"- 
  16. whether there were inflation or deflation would seem to depend on 
  17. overall economic productivity, rate of consumption of that production,
  18. and the size of the money supply. (That is, ceteris perebis.)
  19.