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> because if the impact of monetary supply increases on business and asset prices is different This is why we have https://en.wikipedia.org/wiki/Consumer_price
by bzbarsky 8y ago
> because if the impact of monetary supply increases on business and asset prices is different
This is why we have https://en.wikipedia.org/wiki/Consumer_price_index https://en.wikipedia.org/wiki/Consumer_price_index vs https://en.wikipedia.org/wiki/Producer_price_index https://en.wikipedia.org/wiki/Producer_price_index vs https://en.wikipedia.org/wiki/GDP_deflator https://en.wikipedia.org/wiki/GDP_deflator and chained vs non-chained versions of some of these. Measuring "inflation" is hard.