Replies to post #103588 on Intel Corp (INTC)

[wbmw]

They are increasing the money supply, which is or leads to inflation, depending on who's definition you use.

Elmer, you're aware that *some* inflation is a good thing, right?

Where else do you think growth in GDP comes from? We're certainly not taking money from other countries (I think the opposite is happening), and the velocity of money can't grow without bound, either.

Rather, we continue to grow as a country because the amount of money in circulation also grows. And as that money transfers hands, people are left with actual manufactured goods and services in the wake.

So even though money is inflating, and is now (bill for bill) worth less than it was before, you are left with physical goods and performed services that you didn't have before.

And that's how the economy works.