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> Using a very debatable inflation metric No, there's no debate in using a deflator. The deflator only takes into account monetary effects on the currency. Why
by braiamp 1y ago
> Using a very debatable inflation metric
No, there's no debate in using a deflator. The deflator only takes into account monetary effects on the currency. Why there isn't one? Because nobody knows that thing exists! GDP deflators are calculated and used around the world by non-partisan. And even when partisanship is involved, the people discussing it [0] have the knowledge to be able to discuss it.
> The recent examples of collusion between banks, the government, and the central bank to quickly increase amount of base money is not outright "money printing", just benign "quantitative easing", nothing to see here.
Ok dude, you have an obvious ax to grind. I guess expecting actual constructive economic debate was my misinterpretation.
[0]: https://indianexpress.com/article/explained/explained-economics/explainspeaking-india-gdp-controversy-8947783/ https://indianexpress.com/article/explained/explained-econom...