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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23968585 No.23968585 [Reply] [Original]

There is no effective way to measure inflation.

>gold and silver prices? manipulated
>CPI and oil? ditto
>Chapwood? it’s still a basket of specific consumer bullshit that can rise and fall for a million different specific reasons unrelated to monetary policy
>US dollar index? only measures dollar vs. other fiats, if fiats are falling together it tells you nothing
>money velocity? it’s said to precede price inflation, but doesn’t demonstrate it

We’re in the fucking dark

>> No.23968633

That's what the consumer price index is for. However, it's perfectly reasonable to be skeptical of using the CPI as the true measure of inflation.

>> No.23968728

>>23968585
Day to day life measures inflation.

>> No.23968747

>>23968585
Canadian bagged milk index

>> No.23968872
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23968872

>>23968585
M2 money stock. That measures how much money is available, and is what really is relevant. Kind of like a dollar market cap. Inflation itself is a snake word to tell you to stop worrying about house prices going up because your nintendo switch costs the same.

>> No.23969004

>>23968585
>We’re in the fucking dark

There is one way to meassure it and it's called bitcoin.