Quote:
Originally Posted by Undertoad
Guess what. Oh you'll never guess. Not only is this criticism not true if you adjust for inflation, it's not true if you DON'T!
Not adjusting for inflation is the second answer on this stackexchange discussion. The first answer is looking at the question without even adjusting for inflation.
See there's criticism, which I'm very open to, and then there's shit-flinging monkeys. Most criticism on both sides comes from shit-flinging monkeys. Don't be a shit-flinging monkey. We already have way too many of those.
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So in your opinion, inflation is not caused by government and treasury dept. policies, including the Fed. Res. Bank?
You are a national treasure!
Too bad every single economist, politician in either party, and the people who work in the above departments of gov't / institution, disagree with you.