[quote=Leorocky]Inflation is not defined as an increase in the money supply and we have not been experiencing “massive inflation” since the Great Recession.
Both of your statements are patently false.[/quote]
I would argue that we have had massive inflation relative to where prices would be if not for the Fed/govt manipulations of the past few years…depends on where and how you measure the starting point.
You’re also wrong about inflation not including asset prices.
