5 ms·
And yet, inflation is said to be low. I'm not sure it is.
by turk183 9y ago
And yet, inflation is said to be low. I'm not sure it is.
- mywittyname 9y agoThere are multiple, valid definitions of inflation, thus it can be low and high at the same time. The Treasury Rate and CPI could both be low while real estate or precious metal prices explode. Likewise, real estate prices could be in a freefall while the CPI hits double digits.
- harryh 9y agoThis is wrong. Inflation doesn't measure the price of goods, it measures the price of money. "Inflation always and everywhere a monetary phenomenon." -Milton Friedman