Dave, your argument is persuasive but left me hanging. If neither Alistair's FMQ nor the CPI are accurate deflators to the price of gold, what is? ShadowStats inflation numbers? Something else? Or maybe such a tool doesn't exist?
Dave, your argument is persuasive but left me hanging. If neither Alistair's FMQ nor the CPI are accurate deflators to the price of gold, what is? ShadowStats inflation numbers? Something else? Or maybe such a tool doesn't exist?