Senior ETF Analyst for @Bloomberg. Dad. Rutgers grad. Gen X-er. Author of "The Institutional ETF Toolbox" & "The Bogle Effect.” Co-host of Trillions & ETF IQ.
This stuff is the front door for normies in understanding currency debasement, break from gold standard, why inflation is silent tax and ultimately real vs nominal returns. This is why we opened the Debasement chapter with the price of a Big Mac over the past 50 yrs in our forthcoming "Both Sides of the Coin" book, then ease our way into M2, CPI and a breakdown of nat debt.