Most here know how inflation works. This is for any guests, lurkers who may not.
The Uncensored Truth about Inflation - How Inflation Enriches Politicians and the 1%
Feb 28, 2023
Read the transcript:
Is Inflation Always and Everywhere a Monetary Phenomenon? Think carefully about my question and the measures you use to define inflation.
Milton Friedman famously said: “Inflation is always and...
Government tweaks the formulas for calculating their metrics so it's difficult to compare current indices against historical data. Fortunately John Williams (not the music composer) compiles the stats using the original/traditional formulas: