tag:blogger.com,1999:blog-7294165939647321702.post8181441992288000270..comments2024-03-28T13:45:43.362-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Why Not Let Inflation Be?Saj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7294165939647321702.post-56030087985682624622009-09-29T12:13:14.790-04:002009-09-29T12:13:14.790-04:00"Assuming retirement benefit payments are lin..."Assuming retirement benefit payments are linked to CPI" <br /><br />to this point because of hedonics, geometric sequencing, and substitution CPI doesn't come close to reflecting the true inflation in conusmer prices. Also excess liquidity can also lead to asset price inflation which can be as much of a problem as consumer price inflation even though the almighty fed believes they are relativly unrelated.Andrewnoreply@blogger.com