Replying to Avatar Ben Justman🍷

What inflation metric do you use?

It makes a massive difference.

The equivalent of $100 from 1994 is:

CPI: $207

% of M2: $623

I define inflation as printing money.

M2 isn't perfect, but it shows that we've had much more value stolen from our money than most think.
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BtcPins 1y ago

I think it's helpful to look at the monetary supply inflation along with the costs of goods that I actually plan on buying in the future. Monetary inflation doesn't effect the price of everything equally or at the same speed, as the state manipulates the prices of everything differently.

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Ben Justman🍷 1y ago

and technologically induced deflation affects some things more than others

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BtcPins 1y ago

Yep. Prices condense a insane amount of information into just a few digits.

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Ben Justman🍷 1y ago

TVs would be negative priced if they did do the inflation tho