Author

Topic: Let's please stop using the term "inflation" (Read 436 times)

legendary
Activity: 1246
Merit: 1011
December 05, 2013, 04:44:15 AM
#1
Why is it that every thread here on the topic of inflation launches into a full-scale flame-war within 10 posts!?

I don't care which definitions of "inflation" are accepted elsewhere, it's crystal clear that on this forum the term is truly ambiguous.
I don't care which camp you're in, if you assert that the term has a particular meaning here, you are wrong!
I don't care what your intentions are, if you use the term here in knowledge of this ambiguity, you are a troll!

If you wish to discuss an increase in the supply of money, please use "monetary inflation".
If you wish to discuss a general increase in prices, please use "price inflation".
If you find someone using the term "inflation" ambiguously on this forum, please point them here.

If you care more about the definition war than the corresponding economics, please bitch here and leave the other threads alone.
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