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let's do some assumptions: - the 2% inflation number is completely wrong and real inflation is around 5%~10% - with no government monetary intervention we sho
by elmar 9y ago
let's do some assumptions:
- the 2% inflation number is completely wrong and real inflation is around 5%~10%
- with no government monetary intervention we should have deflation let's assume around 5%
the delta is now 10%~15% looks less insignificant.
- twblalock 9y ago> the 2% inflation number is completely wrong and real inflation is around 5%~10% I can't find any evidence-based reason to believe that.
- elmar 9y agoAlternate Inflation Charts http://www.shadowstats.com/alternate_data/inflation-charts http://www.shadowstats.com/alternate_data/inflation-charts
- mikeash 9y agoHow long does it take for new money to get into the hands of the average person? I'd think a couple of months. A 15% inflation delta then means an "invisible tax" of maybe 3%. Not very important. And that's ignoring the highly questionable nature of those stated assumptions.
- elmar 9y agoI have seen studies where it could take up to 2 years for the new money to completely penetrate the economic system. Unfortunately currently don't have the links, I will try to post it later.