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A comment on In Fed and Out, Many Now Think Inflation Helps. Parent comment

Re:In Fed and Out, Many Now Think Inflation Helps by dpatru on Monday October 28, 2013 @01:44AM (#6625388)
> they seek to maintain a "healthy" amount of inflation.

An ounce of gold was $21 in 1920 and $1410 in 2010. http://www.wisegeek.com/what-is-the-historical-price-of-gold...

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Re:In Fed and Out, Many Now Think Inflation Helps by ra on Monday October 28, 2013 @01:55AM (#6625421)
Gold is a commodity that is used as a defensive investment asset, that's very different to inflation.
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Re:In Fed and Out, Many Now Think Inflation Helps by juhanima on Monday October 28, 2013 @11:08AM (#6627375)
Going from $21 to $1410 in 90 years would be about 4.8% price increase aka inflation in a year.
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