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

quote:

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If it isn't inflation, what do we call the increase in price of the following over the past decade:

Food
Housing
Medical costs
Education
Memorabilia
Childcare

And more recently:
Commodities

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How much have these gone up, annualized, over the past decade? Now, how much do they account for the average person’s spending? I’m not suggesting inflation hasn’t happened. I’m suggesting this idea that it’s been rampant and devastating the value of the dollar is simply not true over the past decade or so.