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Comment by throw0101a

> A normal household has to pay rent or make mortgage payments. To arbitrarily exclude the biggest expense to consumers from CPI is pretty misleading.

"How the CPI measures price change of Owners’ equivalent rent of primary residence (OER) and Rent of primary residence (Rent)":

* https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-an...

> The whole argument for printing money being OK is dumb. If it's OK to print money to pay for some things why are you not doing it more? Why not make everyone a millionaire?

Because while it may be "OK to print money to pay for some things" it may not be OK for others. Making "everyone a millionaire" may be one of those times when it is not-OK.

> Ultimately, printing money doesn't make anyone more productive or produce anything.

Money printing helps with liquidity, which helps the economy to keep running, which can (but is not guaranteed to) help with more "productive" aspects of the economy:

* https://en.wikipedia.org/wiki/Money_creation

You've managed to fit quite a few straw men in one post.

parent throw0101a 5 years ago

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