Inflation, Not Growth (Public Board)

by FSK, Thursday, August 15, 2024, 10:46 (346 days ago) @ ,ndo

Due to the nature of our monetary system, continuous inflation is necessary. Debt-based money requires continuous inflation.

When they measure "economic growth", they use the CPI, which understates true inflation. In real dollar terms, per-capita GDP actually is flat or decreasing. To see this, calculate GDP divided by price of gold. The price of gold is a much less biased inflation measure than the CPI. You also can use the price of silver or copper. The ratio gold/silver and gold/copper are pretty stable.

There is inflation misreported as economic growth.


Complete thread:

 RSS Feed of thread