Comment Re:demography & culture (Score 1) 579
As a man, I say speak for yourself, "sausagefest" does not offend me whatsoever.
inflation is expansion of the money supply
Let's take this one example. In Macroeconomics 101, there is the formula: MV = PY
M = money supply, V = velocity of money, P = price level, Y = real GDP
So an increase in P (inflation) could be many things, not just an expansion of M (money supply). Even your knowledge of the model is wrong. How much more so your understanding that reality demands more complex models as the reality you're investigating is more complex.
The hardest part of climbing the ladder of success is getting through the crowd at the bottom.
