Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
A key thing to note is that the definitions of inflation are bound up with the empty world "view." I've tried to diary about this a couple of times and never hit "post" because it's exceedingly hard to express because inflation is a circularly defined thing, but some of the oddities about inflation:

  1. Overemphasis on wage inflation.
  2. Failure to account for asset inflation.

definitely derive from an "empty world" set of assumptions.
by Metatone (metatone [a|t] gmail (dot) com) on Wed Aug 19th, 2009 at 05:13:35 AM EST
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