Not that I could not find it myself, but I wish there was a link or some presentation showing the Big Max Index to CPI inflation.
Many come down on one side or the other in the inflation/deflation argument, and both sides are presented in the above chart. My opinion lies with the Austrian camp and that regardless of what CPI states, inflation is an increase in the supply of money. Through the latest week, M2 money stock is increasing at about a 7% rate year-over-year.
Many come down on one side or the other in the inflation/deflation argument, and both sides are presented in the above chart. My opinion lies with the Austrian camp and that regardless of what CPI states, inflation is an increase in the supply of money. Through the latest week, M2 money stock is increasing at about a 7% rate year-over-year.
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