InterestedObserver
Member
- Joined
- Jul 7, 2015
- Messages
- 4
Everyone tends to rely on the CPI to determine the inflation rate of the dollar. I learned recently that the CPI measures price inflation; as such, it does not actually measure the inflation rate of the dollar. And yet nearly every online calculator that proposes to calculate the "inflation rate of the dollar" uses CPI data.
The website www.debtinflation.com provides the real rate of monetary inflation (not price inflation) and calculators that do not rely on CPI data. I am part way through the companion book, and let me tell you, it is eye-opening. Any economic minds out there will love the approach that the author takes. I've read lots of economics publications, but I have never seen a book with these ideas.
I've spent most of today punching my past investment returns into the calculator. I cannot believe some of the numbers I am getting.
My perspective on money and the Federal Reserve system is really shifting.
The website www.debtinflation.com provides the real rate of monetary inflation (not price inflation) and calculators that do not rely on CPI data. I am part way through the companion book, and let me tell you, it is eye-opening. Any economic minds out there will love the approach that the author takes. I've read lots of economics publications, but I have never seen a book with these ideas.
I've spent most of today punching my past investment returns into the calculator. I cannot believe some of the numbers I am getting.
My perspective on money and the Federal Reserve system is really shifting.
