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A comment on Upside-Down World of Negative Rates Is Coming for U.S. Savers. Parent comment

Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa... by JumpCrisscross on Tuesday March 17, 2020 @12:15PM (#22606432)
> Do you think it's fair, that the government issues you a Dollar one year, and the next year, they devalue it by 2% or more?

Inflation is at record lows. If anything, deflation is rearing its ugly head.

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Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa... by cdiddy2 on Tuesday March 17, 2020 @02:43PM (#22608543)
I disagree. Inflation is only low because we don't measure it right. https://www.cornerstonewm.com/downloads/measuring-inflation....

Inflation is much closer to whats listed here for many americans. https://chapwoodindex.com/

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Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa... by isoskeles on Tuesday March 17, 2020 @12:38PM (#22606753)
Rent doesn’t seem to have gotten cheaper. Food too. And education and health care. How exactly is inflation at record lows, because the BLS said so?
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Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa... by AnthonyMouse on Tuesday March 17, 2020 @12:55PM (#22607005)
Those things cost more relative to other things. Inflation is everything costs more, specifically including wages, because dollars aren't worth as much.

The reason e.g. rents are high is that there is high demand for housing in cities and zoning restricts new construction. That's not inflation.

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Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa... by cdiddy2 on Tuesday March 17, 2020 @02:46PM (#22608573)
Yes there is conspiracy here. We have changed the way we measure inflation over the years. It completely changed how we count housing costs and technology.

"if we calculated inflation today the same way we did during Carter’sadministration, CPI would be closer to 10% rather than the 1.5% calculated as of 12/31/10 by the government."

https://www.cornerstonewm.com/downloads/measuring-inflation....

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Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa... by asdfadsfgfdda on Tuesday March 17, 2020 @01:50PM (#22607789)
Measuring inflation is not straight forward. How do you calculate inflation of completely new products, like smartphones? How do you measure inflation on a car that is superior in every attribute (fuel economy, safety, reliability) to a car of 10 years ago? How do you measure inflation on non-rival goods, like access to wikipedia?
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