You wouldn't want zero inflation of course. Inflation below 3 % is fine indefinitely. But how comparable are the figures among different countries. I am not seeing any estimates of error given with the figures. I accept that 200000 % is greater than 2.8 % but is 3.2 % statistically any greater than 2.8 %? Their is no guarantee, not even an international agreement, so far as I know, that the methods of computing inflation in various countries are strictly comparable so how much difference can be attributed to just variability of computing methods plus reliability of the data. I would guess this is as much as perhaps a few tenths of percent , a few hundred basis points. Perhaps there are footnotes to explain what has been done to insure that these numbers are comparable across national boundaries. This is especially important considering there are many different accepted measures for inflation within countries.The ultimate hidden tax .. a tax on savings...a subsidizing of the borrower at the expense of the fixed income earner.. inflation is theft
Indeed, those that shorted bonds in 2008 and have been patiently waiting a decade for them to go down are going to finely get to say, "see, I told you so."Down go the Bonds in the Us in 2019...
You wouldn't want zero inflation of course. Inflation below 3 % is fine indefinitely. But how comparable are the figures among different countries. I am not seeing any estimates of error given with the figures. I accept that 200000 % is greater than 2.8 % but is 3.2 % statistically any greater than 2.8 %? Their is no guarantee, not even an international agreement, so far as I know, that the methods of computing inflation in various countries are strictly comparable so how much difference can be attributed to just variability of computing methods plus reliability of the data. I would guess this is as much as perhaps a few tenths of percent , a few hundred basis points. Perhaps there are footnotes to explain what has been done to insure that these numbers are comparable across national boundaries. These is especially important considering there are many different accepted measures for inflation within countries.
Because I assumed you are smart. But I erred. Sorry.Why would you assume to know what I want.. and what is most holistic is no fed intervention. So no inflationary monetary policy.... Everyone just accepts the feds intervention as being required and have been educated to believe it's "good" and required for market stabikist.. that's a joke...
looks like this shows depreciating currencies. for inflation you only need to normalize on one currency (or commodity); US$ or gold or manure
Thank you. That makes good sense! That would definitely be the best way to make the comparison across national boundaries, even though the results wouldn't necessarily accurately reflect the price inflation consumers within a country experienced.looks like this shows depreciating currencies. for inflation you only need to normalize on one currency (or commodity); US$ or gold or manure
Ya I'm stupid for thinking that inflationary monetary policy is "good".. I think you have said all you have needed to...Because I assumed you are smart. But I erred. Sorry.