[quote=CA renter]
Still, you can’t deny that your cash can buy less today (think: stocks, bonds, commodities, other currencies, even housing) than it could ~two years ago.[/quote]
I can’t deny that some things got more expensive in the last two years. Milk, for example. Others only appreciated slightly or stayed the same (rents, utilities, car insurance). I just don’t see what the Fed has to do with it.