P/E ratio and QE.

Economics Economics Questions
5

Random thoughts:

  1. Inflation is close to 10% in the USA right now [source: Peter Schiff].

  2. The CPI lies about what actual inflation is, and was invented for that very purpose by Nixon.

  3. A bit about the flaws in CPI here: https://forum.freecapitalists.org/t/inflation-food-and-energy/13840/13

  4. I’ve seen Hazlitt write the same thing about the lag, with evidence. Hazlitt wrote two short, easy to read, free books on inflation. I reccomend both, the shorter one first, then the longer one.

  5. That Kel Kelly article is a masterpiece. The big eye opener for me was his insight and proof that GDP really measures only one thing, how much money was printed.