> gg wrote: > Or I could be totally wrong. Seriously. > You got me curious so I went to my favorite econ dude, Roubini. (rgemonitor.com should be on everyone's daily reading list)
Anyway, apparently there's some controversy over it and a bunch of formulas and shit: http://pages.stern.nyu.edu/~nroubini/NOTES/CHAP6.HTM So basically you take your deficit Pt (Gt-Tt) = dMt = Mt - Mt-1 and start chucking in money which does this: log Pt = log Mt - log Yt + log Vt and blah blah blah blah blah "Extremely high rates of inflation are generally associated with high rates of money growth, often the result of financing large fiscal deficits by printing money. In this sense, there's no simple distinction between monetary and fiscal policy." Which MUST mean I was right. Or not. But probably. Right? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:286431 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
