Friday , June 25 2021
Home / Mike Norman Economics / Cost of Living Versus Inflation — Brian Romanchuk

Cost of Living Versus Inflation — Brian Romanchuk

Summary:
One thing I have discovered when discussing inflation is that discussions very rapidly get derailed into discussions of the “cost of living.” I take a view that is conventional within market and economic discussion: inflation is a macroeconomic concept, and the consumer price index is one way to measure it. However, many people view inflation as rising cost of living.There is a link between these two ideas, but they are not the same thing. It is entirely possible that the reader might disagree with my views on the distinction, but if they are to get any value from this book at all, they need to understand what I am referring to.... Bond EconomicsCost of Living Versus InflationBrian Romanchuk

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Cullen Roche writes Does a 100 Vol Asset Belong in Retirement Accounts?

run75441 writes A “Summer Rerun – The Victory of Privilege”

Lars Pålsson Syll writes ‘New Keynesian’ macroeconomics — worse than useless

Sandwichman writes I am invisible

One thing I have discovered when discussing inflation is that discussions very rapidly get derailed into discussions of the “cost of living.” I take a view that is conventional within market and economic discussion: inflation is a macroeconomic concept, and the consumer price index is one way to measure it. However, many people view inflation as rising cost of living.

There is a link between these two ideas, but they are not the same thing. It is entirely possible that the reader might disagree with my views on the distinction, but if they are to get any value from this book at all, they need to understand what I am referring to....

Bond Economics
Cost of Living Versus Inflation
Brian Romanchuk
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *