Quote:
Originally Posted by Adak
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.
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You may not be intelligent or intellectually honest enough for us to have this discussion. It is not about inflation. It is about adjusting for inflation.
Do you know what adjusting for inflation is, and why it's important when comparing dollars from 1970 against dollars from today?