The below keynote presentation was held by me in Helsinki @ filmfotofair on march 15th 2019.
The inflation calculations that the US Federal Reserve Bank use, only seem to account for things people don't buyI wanted to add that I have made a very conservative estimation with 900 MIO rolls. This is the lowest number I saw ever published and probably refers only to NA. The most enthusiastic numbers I found were 3 Billion.
Personally I think the 3 Billion are closer to the truth. If I insert them into the graph, it does not change the slope. Because from 900 Million to 20 it is already "very steep".
The other thing I was very conservative with is inflation. I did not factor 2% but less. If it was 2% every year we would end up at about 5,80 per roll.
Mirko
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