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

quote:

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there is no "true" way to calculate or measure inflation, that has been my point from the beginning.

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But it’s not about measurement and methodological differences in measuring and estimating inflation; it’s about the very definition of “inflation” and its conceptual basis. And asset price inflation is not “inflation,” which should be obvious to anyone who knows anything about inflation, even those who disagree about its methods and estimates.