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2010, when you say the fed started printing money I did not say the FED started printing money in 2010. I said nothing about the time before 2010 or about

2010, when you say the fed started printing money I did not say the FED started printing money in 2010. I said nothing about the time before 2010 or about the future. Your argument would have been much more precise and useful if you focussed on the same timeframe as I did: 2010-2020. Mixing it with the time before and what you read in the charts for the future muddled it to a degree that I find it hard to reply.

simias 6y ago
I thought you implied that they started printing vastly more starting in 2010: >The reason why inflation "officially" is lower then what one would expect given the amount of money printed lies in the way it is calculated. I think comparing over a long period of time makes sense to see if something really fundamentally changed about the value of money lately. >Your argument would have been much more precise and useful if you focussed on the same timeframe as I did: 2010-2020. If things were really different over the past decade than any other, you'd expect to find discrepancies when comparing to previous decades. You're the one "muddling" it here in my (poorly educated) opinion. I must add that you using Bitcoin, an insanely speculative asset, as an example of things becoming more expensive over the past decade didn't really help your point in my mind. It seems to imply that Bitcoin's value is somewhat stable and we can use it as a reference for the value of a dollar. If you used Beanie Baby prices instead we're in the middle of a huge deflation! Real Estate is not quite as bad as a reference point, but we have to remember that the decade started right at the end of the mortgage crisis so that distorted the prices somewhat (in what direction? I'm not sure).
- TooCreative 6y ago
  If things were really different over the past decade than any other I did not state that. I only stated that FED-money doubled in 2010-2020 and the value of money halfed. I said nothing about any other decade. Maybe the same happened in 2000-2010 or any other decade, maybe not. It is not part of my statement.

simias 6y ago

I thought you implied that they started printing vastly more starting in 2010: >The reason why inflation "officially" is lower then what one would expect given the amount of money printed lies in the way it is calculated. I think comparing over a long period of time makes sense to see if something really fundamentally changed about the value of money lately. >Your argument would have been much more precise and useful if you focussed on the same timeframe as I did: 2010-2020. If things were really different over the past decade than any other, you'd expect to find discrepancies when comparing to previous decades. You're the one "muddling" it here in my (poorly educated) opinion. I must add that you using Bitcoin, an insanely speculative asset, as an example of things becoming more expensive over the past decade didn't really help your point in my mind. It seems to imply that Bitcoin's value is somewhat stable and we can use it as a reference for the value of a dollar. If you used Beanie Baby prices instead we're in the middle of a huge deflation! Real Estate is not quite as bad as a reference point, but we have to remember that the decade started right at the end of the mortgage crisis so that distorted the prices somewhat (in what direction? I'm not sure).

TooCreative 6y ago
If things were really different over the past decade than any other I did not state that. I only stated that FED-money doubled in 2010-2020 and the value of money halfed. I said nothing about any other decade. Maybe the same happened in 2000-2010 or any other decade, maybe not. It is not part of my statement.