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A comment on Money Creation: 70% in the Last 12mo (Fed, M1, $). Parent comment
There is no such thing; the Fed doesn't define or measure inflation.
> doesn’t count food, energy and asset prices.
The primary inflation measures from the BLS (the various forms of the CPI) do include the first two things; they don't include asset prices.
> Who can live a day without eating food, using energy for driving or powering appliances and finally paying for a place to live.
The cost of having a place to live (rent, including imputed rent) is, like food and energy, included in CPI.
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There is no such thing; the Fed doesn't define or measure inflation.
> doesn’t count food, energy and asset prices.
The primary inflation measures from the BLS (the various forms of the CPI) do include the first two things; they don't include asset prices.
> Who can live a day without eating food, using energy for driving or powering appliances and finally paying for a place to live.
The cost of having a place to live (rent, including imputed rent) is, like food and energy, included in CPI.