if you use a more reasonable calculation of inflation and calculate real GDP according to that, you'll see we've been in recession almost half of the years for the last 25 years.
Personally I prefer to use the US case shiller housing index as a good indication of long term inflation. Housing prices are so high, it is the basket of goods that matters the most.
>>> "The most egregious thing you can do with any activity is daydream about how you can make money off of it. That’s the quickest way to optimize for the wrong things and suck the fun right out of it. Most likely you will stop doing the activity almost immediately, so save the money-making schemes for work."
This is an important point. The quickest way to make something unfun, is to get paid for it! That's because the second you get paid for something is the second you start doing it for someone else, creating value for someone else. you get paid to create value for others, not yourself. Play is creating value for yourself, not others that's why you don't get paid to play.
i don't why this is downvoted. it seems pretty logical to me. if someone commits a crime and then goes to jail, they can't commit the crime again, right?
Personally I prefer to use the US case shiller housing index as a good indication of long term inflation. Housing prices are so high, it is the basket of goods that matters the most.