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re: Fed hides weekly M1 supply, says "money doesn't matter"

Posted on 4/8/21 at 6:42 am to
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/8/21 at 6:42 am to
quote:

trigger traditional inflation, and then you need that velocity to be maintained for it to be long lasting inflation.


it's quite amusing you think there's an actual correct way to calculate inflation in the first place when the models are constantly changing

I swear people's minds on fiat is a disease
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 4/8/21 at 7:43 am to
quote:

it's quite amusing you think there's an actual correct way to calculate inflation in the first place when the models are constantly changing


attempting to model inflation as a scalar number seems inherently incorrect to me, or at least very flawed

I get there are multiple ways to compute it like core CPI versus CPI but the velocity of money term slackster mentioned is drastically different depending on what asset or good you are looking at
Posted by slackster
Houston
Member since Mar 2009
85138 posts
Posted on 4/8/21 at 8:08 am to
quote:

it's quite amusing you think there's an actual correct way to calculate inflation in the first place when the models are constantly changing

I swear people's minds on fiat is a disease


Says the guy who calculates his crypto growth relative to fiat.
This post was edited on 4/8/21 at 8:08 am
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