Comments by "Aden Wellsmith" (@adenwellsmith6908) on "Inflation always goes away" video.

Inflation is the rise in prices. Where's your evidence that the prices revert back to what they were? It doesn't. The rate of inflation will change, but inflation is here to stay. Long term rate of price increase, 6% per annum. One reason for poor people in the UK
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@xcheesyindianx Inflation is the increase or decreases in prices. The rate of inflation is the derivative of that price curve. He's got his terms wrong, deliberately, to mislead.
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@keithparker1346 When the consequences come home, you'll agree with all I've said so far! 🙂 So what's needed? The inflation target needs to change. If the price index is 100, the rate of inflation should not be the target. The target is the price index and its 100. ie. A stable currency. If the price index goes over 105 then the BoE board get sacked. If it goes below 95, they get sacked too. And they lose their pensions.
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@mk91-vz1oj So the rate of inflation is bogus? In your world
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@mk91-vz1oj u definitely can't try and calculate it as a simple time derivative of price ========= That's the definition. But the more interesting bit is the long term average of price changes being zero. Why not? Value of money function fulfilled. You get a currency people want. It's a good thing. Explain why not. Targetting inflation with interest rates works. But the better approach is not to create inflation by printing.
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@mk91-vz1oj The rate of inflation is the year on year increase in the price index That's the derivative. So why is a zero inflation target bad? Are you up to your neck in debts?
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@mk91-vz1oj CPI or RPI/X
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@mk91-vz1oj CPI or RPI/X
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