[nicoburns]

> and 13 of those years they were complaining about a lack of inflation

I think this was mistaken. There has been huge inflation over those 13 years, it's just been in specific asset classes like houses rather than general goods.

[echoplex]

Bingo. It’s completely idiotic to think there was no inflation. Nobody complained when the stock market doubled. Some people complained when the house market doubled. Everybody complains when energy prices double.

[notch656a]

Only dumb peasants that weren't long on leveraged energy futures complain when energy prices double. Check-mate, poors.