Monday, August 5, 2013

Price Stability

Inflation, as calculated by government from the 51 year period before leaving the gold standard completely (we devalued a number of times against it during this period as the buying power may reflect), and below it, the 42 years we've spent off the gold standard.  Charts are calculating buying power X number of years later.  Which one better represents "price stability", and who are the benefactors and losers in each case?


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