Timeline for How to calculate cash loss over time?
Current License: CC BY-SA 3.0
7 events
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| Jun 29, 2014 at 23:21 | comment | added | user11865 | @littleadv No credible economist has found a time limit on inflation. No credible economist has found "unrelated interference". Inflation has not been proven to be "sustainable". There is no other way to measure inflation than by changes in the general price level, which is the definition of inflation. Research is now showing that daily inflation measures are helpful. | |
| Jun 29, 2014 at 23:16 | comment | added | littleadv | Again - you're wrong. Measuring price changes day after day is not a measure of inflation. You must make a measurement so that it will filter out the unrelated interference, and only sustainable price changes can be attributed to inflation. Since in your answer you were talking about price changes as a measure for inflation - claiming that daily changes are meaningful is plain wrong. You're more than welcome to continue this discussion with yourself. -1 stays. | |
| Jun 29, 2014 at 23:14 | comment | added | user11865 | @littleadv Your statements are not backed by any credible economic analysis. All legitimate economists agree that the quantity theory of money is correct; the only disagreement is the ideal rate of inflation. | |
| Jun 29, 2014 at 22:47 | comment | added | littleadv | Your statement is wrong. Mods asked me not to engage you, so I won't. -1 for a wrong answer. | |
| Jun 29, 2014 at 19:17 | comment | added | user11865 |
@littleadv Inflation is always an economic measure regardless of time between samples. It is only affected by changes in the quantity of money, production, and the velocity of money. Inflation of a single product is not inflation. Inflation is not imaginary or unnoticed until a year has passed; it always exists so long as the |change in prices| > 0 across the time sampled.
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| Jun 29, 2014 at 6:33 | comment | added | littleadv | Inflation in too small time periods is not an economic measure. It is affected by weather, various localized effects, seasonal changes, etc. You may see a spike in milk prices because some batch of milk was defective and there was shortage for a week, but then it goes down. That's not "inflation". If it has been a spike long enough to be noticeable for a whole month or, even more accurately, a year - then you can probably say that the prices have risen due to inflation and it is no longer a "spike" but a "climb". | |
| Jun 29, 2014 at 6:17 | history | answered | user11865 | CC BY-SA 3.0 |