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A comment on Central bankers rethink their devotion to slaying inflation. Parent comment

Re:Central bankers rethink their devotion to slaying inflation by yxhuvud on Sunday December 23, 2012 @05:49PM (#4961001)
True, but we do accumulate wealth, in the form of houses, infrastructure and other quite permantent stuff.
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Re:Central bankers rethink their devotion to slaying inflation by rayiner on Sunday December 23, 2012 @05:59PM (#4961028)
We do, but our rate of nominal wealth accumulation bears no relation to the rate at which we accumulate tangible physical assets. Not to mention that most of those physical assets depreciate, which must be accounted for.
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