U.S. M2 has risen 36.5-fold since January 1971, to $23.2 trillion from $635 billion, while Disney World ticket prices have climbed 54-fold, Tom McClellan says. He points to inflation, and possibly hedonic adjustments, as factors behind the gap.
published
U.S. M2 has risen 36.5-fold since January 1971, to $23.2 trillion from $635 billion, while Disney World ticket prices have climbed 54-fold, Tom McClellan says. He points to inflation, and possibly hedonic adjustments, as factors behind the gap.
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