3 ms·
No running away inflation? According to what? CPI? Many people who live in the real world know that CPI is a garbage measure of inflation and life is increasin
by logicalmonster 5y ago
No running away inflation? According to what? CPI?
Many people who live in the real world know that CPI is a garbage measure of inflation and life is increasing in price faster than they say.
CPI doesn’t even measure the right thing: inflation is a monetary, not a price phenomenon. It’s not things getting more expensive, it’s the value of money growing less. But they don’t publish the m2 money stock charts any more. Wonder why?
- emkemp 5y ago"But they don't publish the m2 money market stock charts anymore. Wonder why?" Because they moved savings deposits into M1. So the old M1 and M2 charts are retired and replaced with M1SL and M2SL.