[d136o]

That was a very interesting piece to read when it was published recently, and it led me to follow the author, Neil Irwin, on other pieces he has written since (many others, here are two [1] and [2])

I have wondered if Neil Irwin and others are tiptoeing, insinuating, and getting close to but not quite saying, that inflation is taking place. Are the top dollars that we, programmers and hackers, earn today simply not worth as much as we think they are worth? That's probably an insufficient definition of inflation, but it's maybe as practical as it gets for someone who's just starting out. Perhaps I should move my (small pile) of hard earned savings into a thing before the cash value evaporates?

[1] http://www.nytimes.com/2014/07/16/upshot/janet-yellen-on-the... [2] http://www.nytimes.com/2014/08/02/upshot/impeachment-julep.h...

[marktangotango]

I have these same thoughts. My problem is I grow complacent, maybe "this" is the new normal. Then I remind myself that what goes must come down. Always does. The boom and bust cycle is very reliable.

[justincormack]

There is clearly too much money so it seems likely that it or its value will get destroyed at some point. Buying a productive asset is never a bad thing but they take work.