Molson Hart

3. Where does all this money come from? Do we not believe in conservation of energy here? Eventually we’re going to wind up with hyperinflation if we keep printing massive amounts of money in response to every business culling event.

Inflation expectations fell off a cliff. Our current problem is too little inflation, not the opposite. Regardless, countercyclical stimulus is mainstream econ, you should at least offer a model if you're going to dismiss it.

Disagree. We have huge inflation in education, housing, and healthcare. Mainstream Econ is trash. My alternative is real world experience and incentives.

Overall inflation is lower than wage growth, which means all of those things you mention are overall *more* affordable than in the past. What experience is telling you otherwise?

Tell that to the middle class. What experience? Who from your and my cohort can afford a home?

Look at real housing prices avi. Worth mentioning how many fewer kids people are having to afford those homes.

I never said housing inflation wasn't high. But overall affordability is measured by the average, which is inflation. If anything, measured inflation overestimates inflation because it doesn't account enough for increased quality. 1/x