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BenJustman / Ben Justman🍷
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2024-09-08 14:54:01

BenJustman on Nostr: What inflation metric do you use? It makes a massive difference. The equivalent of ...

What inflation metric do you use?
It makes a massive difference.

The equivalent of $100 from 1994 is:
CPI: $207
% of M2: $623

I define inflation as printing money.
M2 isn't perfect, but it shows that we've had much more value stolen from our money than most think.
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