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A comment on 40% of US dollars in existence were printed in the last 12 months. Parent comment

Re:40% of US dollars in existence were printed in the last 1... by mhluongo on Sunday October 10, 2021 @11:29AM (#28819147)
> Ya. Because runaway inflation. Any day now. Just like after the last bailout [2009].

Look at the prices of housing, education, and medical care if you want to find inflation. The 3 things everyone wants are the 3 the consumer price index doesn't include ;)

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Re:40% of US dollars in existence were printed in the last 1... by okl on Sunday October 10, 2021 @11:50AM (#28819329)
CPI as well as PCE include those components.

CPI: https://www.bls.gov/opub/hom/cpi/data.htm

PCE: https://www.bea.gov/resources/methodologies/nipa-handbook

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Re:40% of US dollars in existence were printed in the last 1... by mhluongo on Sunday October 10, 2021 @12:16PM (#28819592)
I should be more specific. CPI doesn't accurately track the growth in price of each of those markets.

If you've gone to buy a house, put a kid through college, or experienced a large medical event, you understand the proxies in CPI are misleading. The same outlets claiming inflation isn't a problem also talk about the runaway markets for each of those.

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Re:40% of US dollars in existence were printed in the last 1... by okl on Sunday October 10, 2021 @12:49PM (#28819859)
> If you've gone to buy a house, put a kid through college, or experienced a large medical event, you understand the proxies in CPI are misleading.

More objective than your appeal to anecdotal evidence.

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Re:40% of US dollars in existence were printed in the last 1... by specialist on Sunday October 10, 2021 @11:52AM (#28819349)
I'm very open to heterodoxy.

What's a better metric? Spending power?

Riffing on the inflation hawk trope: inflation should lead to higher wages. That hasn't happened. So I'm on board with criticisms of increasing money supply while wages remain stagnant.

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Re:40% of US dollars in existence were printed in the last 1... by nradov on Sunday October 10, 2021 @11:47AM (#28819296)
Wrong. The CPI includes housing, education, and medical care.
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Re:40% of US dollars in existence were printed in the last 1... by thatfrenchguy on Sunday October 10, 2021 @11:48AM (#28819300)
It’s not a post-2008 phenomenon but has been going on since the 1980s ;-)
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