>>516589007
>All I know is that the money supply keeps going up.
( M1 + M2 )/2 goes up an average force of interest of around 7% per annum for the last half century. This implies a prices-double-every-decade kind of inflation on average. The S&P index has done about 8.5% per annum force of interest in the same period. Jack in the Box Ultimate Cheeseburgers went from $1.99 one score ago to $7.99 now (two decades is 4x). Most things average a little more or less, but otherwise it is purely monetary.
Now, who (American) here truly doubles (or more) his hourly rate every decade consistently? Not many I presume, so please chime in both those who have and haven't (so the haves don't 'win')