[Tolerance Sucks Rocks]

The Fed has done a better job keeping the dollar’s purchasing power stable.

Who are you trying to kid? The dollar's purchasing power is at best 1/25 of what it was when the Fed first came into being.

[DannyTN]

That’s not important, unless you want to hide cash in your mattress for 100 years.

What’s important is year to year stability because that dramatically affects business decisions.

The fed has intentionally targeted a small amount of inflation each year. That’s to avoid deflation which causes depressions. But compounded inflation does have the side effect of creating a scary but meaningless chart over the course of 100 years.

[DannyTN]

That’s not important, unless you want to hide cash in your mattress for 100 years.

What’s important is year to year stability because that dramatically affects business decisions.

The fed has intentionally targeted a small amount of inflation each year. That’s to avoid deflation which causes depressions. But compounded inflation does have the side effect of creating a scary but meaningless chart over the course of 100 years.