Monday, 28 July 2008

INflation : What The Heck Is It?

Yo! Mish to the rescue!

"It would help to have an idea of what a credit crunch was and for that matter what inflation is.

Let's start with the latter. Those who do not know what inflation is are advised to read INflation: What the heck is it? The short version is inflation is a net expansion of money supply and credit while deflation is the opposite."

Halfcat : We still trekkin boss?

Picard : Sure as sugar little dude!

to be continued.....

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