Thread 937192918

Its not going well :(

>>937192918 (OP)
well america did elect a retard, so...

>>937192918 (OP)
fondling remembering when Mcdoubles were $1

>>937192918 (OP)
How old is that? Inflation in June was actually 0% anon. Why are you being deceptive?

>>937195008
Why you lying?

>>937195041
Why are you lying anon? What do you get out of this propaganda? Who's paying you?

>>937192918 (OP)
Great way to control global warming. Stop people consuming, less trash for the world to cope. You're free to go anon.

>>937195134
Are you going to apologize shill?

>>937195008
No one believes you still faggot

>>937192918 (OP)
>in four months
So Bidenflation was transitory, Putin's Price Hike, and wasn't happening, but a couple point increase and the sky is falling.

>>937195008
>actually 0%
Inflation hasn't been 0 in a long, long, loooooong time.

>>937195257
>CPI=inflation
You're doing it wrong.

>>937195324
>global warming
Not a thing, Shlomo

>>937192918 (OP)
Yay!
I hope MAGAfags get everything they voted for!
Keep going Donald!

>>937197196
CPI = consumer price inflation
okay, here's the inflation rate

>>937197330
>consumer price INDEX
It even says it at the top of your chart. It's the price of certain items, not the actual value of currency, and you're chart is amount of change relative to an arbitrary starting point determined by the chart maker.

>>937197513
>not the actual value of currency
That's not how you rate inflation
>arbitrary starting point
It's month over month

>>937197568
>That's not how you rate inflation
It is if you actually care. Look up the "basked of goods" used and see how it's bullshit. The news always reports CPI and uses deceptive graphs like you did to paint scary pictures. You think inflation hit 0%. Since when? Well, June of last year in your case. Inflation is solely the increase of money in supply, not the price of bananas.
>It's month over month
Where does your graph start? Is it 10%, peaking at 10.5% and a low of 9.9%? There's an annual CPI chart here >>937197094 that obliterates your chart.

>>937197094
that was billionaires just taking advantage again, there never really is inflation

>>937198119
>there never really is inflation
Your nose is showing.

>>937194524
It has elected retards for a couple of decades

>>937198031
>It is if you actually care.
That is the way the generally compute for inflation. It's not money supply, it is the cost of goods in the basket, which are spread around to get a general grasp of price increases.
>The news always reports CPI and uses deceptive graphs like you did to paint scary pictures
They could post individual items like so(pic related), but it's better to have a general look at it.
>You think inflation hit 0%.
No I never said it did, month over month it didn't increase in june of last year.
>Inflation is solely the increase of money in supply
That is just wrong. There can be multiple reasons why price of goods go up without money supply increasing, like tariffs could be or supply/demand shock.
>Where does your graph start?
It starts at june of last year, it shows month over month, the highest it got(month over month) in the past 10 years was .8%

>>937198276
forgot pic

>itt nobody knows what inflation is or how to calculate it
This is why were fucked as a nation.
None of us know what the fuck we're talking about but we pretend we do.

>>937198031
>>937198166
This isn't totally true - not only do banks create most of the money as part of the reserve requirement and lending against reserves but it's the velocity of money that drives inflation more than printing of currency. You can increase the money supply but if it sits in savings accounts instead of being spent, you're not going to see inflation.

That's what you're seeing now - money is coming off the sidelines to buy goods because they are encountering higher prices or they're front running to avoid tariff prices. It's why you saw a huge run up in foreign purchases in Jan and Feb of 2025.

>>937198276
>That is the way the generally compute for inflation
>It's not money supply, it is the cost of goods in the basket
I know, that's what they report on the news and it's deceptive. It works to some extent to portray change, just like you see here >>937197094, clutching their pearls over a 0.3% increase or whatever, but you didn't hear about how CPI was the lowest in 10 years or whatever it's been (I didn't look it up, don't care).
>They could post individual items
Why? If the price of diesel doubles, causing bananas to increase by 32%, that's not inflation. If you were to do it somewhat correctly, you'd compare it to gold or something universal, not what it costs to get an item in your hands.
>No I never said it did
>>937195008 I don't know if that you or not, but that's where this started.
>There can be multiple reasons why price of goods go up without money supply increasing
Negative. It never is. Tariffs are just taxes. Supply/demand does it's own thing. Are Ferraris expensive because of inflation? If we pay more in taxes (tariffs), do other countries who deal with the USD feel the same change? No, because it's not inflation. That's a retarded take.
>It starts at june of last year, it shows month over month
Yeah, and that's a fucking stupid way to look at it. If you're going down the highway at 60 MPH, and you tell your wife's bf to start recording your speed, and it looks like this:
62
65
63
61
57
62
Did you actually hit zero for a bit?
>the highest it got in the past 10 years was .8%
Literally wut? see for the third time >>937197094 where it was up over 9% due to Biden's spending.

>>937198575
>but it's the velocity of money that drives inflation
No, velocity drives the economy. Consoomers don't consoom and taxes aren't collected if money doesn't move. The value doesn't change if everyone stashed their money under a mattress for a month.
>instead of being spent, you're not going to see inflation
Not true. Inflation is necessary to keep the government alive. They borrow money, with interest, spend it, need more to pay off the last loan, so print more. They want interest to be high to they can pay off their last low% loan.

Inflation is ALWAYS money supply. Everything else is just... market conditions or government interference.

>>937198805
>I know, that's what they report on the news and it's deceptive
Not really?
>Why? If the price of diesel doubles, causing bananas to increase by 32%, that's not inflation.
It certainly would be inflationary.
>you'd compare it to gold
Even if you barter with gold, right, and there was a shortage of bananas, leading to a higher cost in bananas in gold, that would be inflationary, due to the increased price levels.
>I don't know if that you or not
it wasn't.
>Negative. It never is. Tariffs are just taxes.
Taxes leading to higher costs is inflationary.
>Did you actually hit zero for a bit?
Your change in speed went negative, yes.
>Literally wut?
I clearly said "month over month" change, that chart you linked to is a "year over year" change

>>937198959
>Inflation is ALWAYS money supply. Everything else is just... market conditions or government interference.
>Inflation is always the money supply except when it isn't.

You have no idea what you're talking about.

Lot of people here confusing purchasing parity over time with textbook inflation.

What we are currently seeing is a parity over time problem, not one with monetary inflation/deflation. An item this month costs 2.7% more than it did this time last year - can be lots of reasons for that (bird flu, consumer demand, scarcity, tariffs, money supply, etc). Ultimately - whatever you call it, that's the problem.

>>937195008
You tried nigger.

>>937199076
>Not really?
I just explained how. Extensively.
>It certainly would be inflationary.
That's not inflation. Inflation is a decrease in the value of currency. Period.
>Even if you barter with gold
That's not inflation. If you decided to stop buying the expensive bananas, the value of your gold didn't change. Inflation reduces the value of your dollar regardless of what you buy.
>Taxes leading to higher costs is inflationary.
Again, no. Taxes are just taxes. Taxes don't change the value of your money. They just limit how much money you keep.
>Your change in speed went negative
According to what people are posting above, your actual speed went negative. You speed graph would look identical if you started at 60 MPH or 60 million MPH, but reality would be much different.
>I clearly said "month over month"
You said "the highest it got in the past 10 years was .8%". It was much higher than that.

>>937199990
>I just explained how.
You explained how uninformed people are uninformed.
>Inflation is a decrease in the value of currency
No, it's not. It's an increase in prices for goods/services.
>That's not inflation.
Yes, it is.
>Again, no. Taxes are just taxes.
Taxes would be in increase in price, which is inflationary.
>According to what people are posting above, your actual speed went negative
I think you're purposefully misinterpreting what people are saying, or you're trolling. Not sure which yet.
>You speed graph would look identical if you started at 60 MPH or 60 million MPH
The rate of change of speed would be the measurement.
>You said "the highest it got in the past 10 years was .8%"
"it shows month over month, the highest it got(month over month) in the past 10 years was .8%"

>>937199261
>Inflation is always the money supply except when it isn't.
Inflation is the decrease in value of your money. This is only caused by increasing the supply of money. Items becoming more expensive due to whatever factors does not change the value of that money.

If you're in the middle of Death Valley and there's a stand selling water for $100 a liter, that doesn't change the value of the money in your pocket, water still costs a buck back home, but the /water/ has increased in value based on conditions. You might call this gouging but you'd be wrong on that, too. That man has to set up and tend that stand in the heat and may only get one sale a week, and that man will save somebody's life. If you forced him to sell at regular convenience store prices, he's not going to do it and thirsty people will die. this is why it's a good thing for gas stations to hike prices in emergencies; it's rationing. Instead of keeping the price at $3/gallon, where the rich guys come in and fill up their trucks with 5 gas tanks pulling a tanker trailer, leaving nothing for the people behind him, if the price is set at $20/gallon people buy only the gallon or two they need to evacuate. That 40 bucks saved their lives, instead of saving $17 but not getting any gas.

>>937198166
retard

>>937200171
>uninformed
And you're one of them.
>It's an increase in prices for goods/services.
No. That has nothing to do with anything.
>Yes, it is.
That's the modern liberal arts version of inflation, but no, it definitely isn't.
>Taxes would be in increase in price, which is inflationary.
Do those taxes change the value of your currency? No. Not inflation. This is why people move out of state or country, because you dollar isn't taxes as hard in some places. Your money still buys roughly the same things, it's just cheaper without the taxes on top.
>I think you're purposefully misinterpreting what people are saying
No, you are refusing to accept everything I've said and explained. Inflation is the devaluation of currency, not the product, and the only thing that can do that is by printing more money. Nuka Cola caps are money in Fallout, and prices are set to that. What would happen if you entered some cheat code to make it rain caps for 5 minutes across the entire map? The availability of caps just went from 5000 to 50,000,000. What happens now? The market adjusts, the value of the products meet the supply of caps. Otherwise, if someone just raised price on that rare plasma gun (and it didn't rain caps) your 5 caps can still buy the same thing 5 caps could before, just that gun went up.

>>937198166
>nose is showing
>posts (((friedman)))

>>937200698
Aw shit, ya got me.
Now I'll just say, "Well, if anyone knows money..."

>>937200684
>And you're one of them.
No, because you're confusing purchase power with inflation.
>That has nothing to do with anything.
It has everything to do with inflation.
>That's the modern liberal arts version of inflation
Once again, it is inflation, you're confusing it with the inverse which is purchasing power.
>Do those taxes change the value of your currency?
Sales taxes increase the price of goods, so it is inflationary, but to be fair, it could also hinder people from buying so it could end up being deflationary.
> Inflation is the devaluation of currency
and that's where you're wrong.
> the only thing that can do that is by printing more money
That's wrong though. While monetary inflation does influence PP/Inflation, it's not the sole factor. anyways I also like how you didn't respond to the part of me pointing out where you completely lied about what I said. Tell me the truth anon, are you a gold/silver shill?

>>937192918 (OP)
>highest level in four months
>June
>4 months
So you're saying it's still lower than it was in February...

>>937200735
>if anyone knows about money
Karl marx does?

>>937200997
>It has everything to do with inflation.
Explain it. Tell me how a Babe Ruth rookie card going up in price changes the prices of everything else at the same time.
>Sales taxes increase the price of goods
No, it increases the price you spend, the value of the product remains the same.
>and that's where you're wrong.
You have done nothing to explain anything even remotely convincing.
>it's not the sole factor
It is and I've described how. Explain your side. Keep in mind that I can buy eggs and produce straight from the farm down the road.
>you didn't respond to the part of me pointing out where you completely lied about what I said
Honestly I got bored of your graphs and didn't even look into it.
>are you a gold/silver shill?
I own no gold or silver besides my wedding ring. What does this have to do with anything?

>>937201309
>Tell me how a Babe Ruth rookie card going up in price changes the prices of everything else at the same time.
If the Babe ruth rookie card is in the basket of goods, it's increase in price would be reflected in said basket of goods. CPI is broad, so there was some inflation and some deflation across the basket, and iirc theres weights to the groups.
>No, it increases the price you spend
I mean broken english aside, the sustained increased price of the good is inflation.
>You have done nothing to explain anything even remotely convincing.
It's not my job to teach you to use words correctly. You've been told that you're using them wrong, it's up to you to fix it.
>It is
it's not
>I've described how
Not really, you've explained how purchasing power works.
>Keep in mind that I can buy eggs and produce straight from the farm down the road.
Okay, and people can buy milk straight from a farm, that doesn't matter as they get measured across the US and in a basket of goods to try to normalize the rate. Ground beef prices on average went up 3% from may to june, yet the basket only rose .3%.
> didn't even look into it.
You didn't even look at the text, honestly. You seemed to have cut out a portion of it to strawman it.
>What does this have to do with anything?
To see if you'd lie again or not. Got my answer.

>>937201682
>If the Babe ruth rookie card is in the basket of goods
The basket of goods is an arbitrary collection of items and is not comprehensive. It doesn't matter if something's in the basket or not, unless you want to see it reflected in the report. Even if you applied it to the basket, you still didn't explain how it affects the prices of everything else, in the basket or not.
>the sustained increased price of the good is inflation
So like the Babe Ruth card?
>You've been told that you're using them wrong
Yeah, but by someone who doesn't understand the issue correctly and refuses to explain anything.
>how purchasing power works
You seem to be the one that's confusing terms here. Purchasing power is just a way to say how much value your money can buy. This is usually used when you take USD to another country where it's more valuable. This term is tied to inflation, but it's not used like a concrete metric.
>Okay, and people can buy milk straight from a farm
You still explained nothing. If eggs are up 10% at the store suddenly due to shipping costs, you'd say it's inflation. But I can buy eggs sown the street for the price I've always been paying, so there's no inflation.

Just like earlier, logfag. We've gone over this a hundred ties and you never seem to grasp even the basics. You can't explain anything, can't give an example, call people names, and argue in bad faith. Every. Single. Fucking. Time.

>>937202304
>understand the issue correctly
The issue is not monetary supply, though that is a large portion of it. when fuel prices go up(ie after russia invaded ukraine), the cost of deliveries go up, so the price of goods go up. That is inflationary, and had little to do with money supply.
>Purchasing power is just a way to say how much value your money can buy
Purchasing power describes the amount of products or services that a single unit of money can acquire, reflecting the real-world value of currency in the marketplace.
> If eggs are up 10% at the store suddenly due to shipping costs, you'd say it's inflation
I would say it's inflationary, "inflation" would be reflective of a larger group of items.
>argue in bad faith
oh you mean where you quoted what I said and directly removed words from it to try to win an argument you lost? Anon I'm so tired of this shit, either provide any evidence of a time where there was more than .8% inflation month over month in the past 10 years or fuck off.

>>937200358
>Money only becomes less valuable if there's too much of it.
I'm confused why you believe this.
In your own analogy, money supply remained the same, but everyone's buying power went down because of high demand for gasoline.
Is it that you don't understand how demand works?

>>937199303
>Purchase parity over time
That is literally how you measure inflation.

>>937202614
>when fuel prices go up(ie after russia invaded ukraine), the cost of deliveries go up, so the price of goods go up
Except for the eggs and produce I get down the street that didn't change price, so not inflation.
>"inflation" would be reflective of a larger group of items
It is. It's the amount of dollars in existence.

>>937202633
>but everyone's buying power went down because of high demand for gasoline
Sure, for the gasoline. The price of Power Ranger toys didn't change, or baby carrots. So it wasn't inflation. Supply and demand has nothing to do with inflation.

>>937202904
> get down the street
Yes anon, inflation doesn't hit every one the same, it doesn't hit every item in the basket the same
>It's the amount of dollars in existence.
that's money supply
and now you can fuck off, retard.

>>937199303
>purchasing parity over time with textbook inflation.
none of what you said means what you think.
in econ, purchase parity is relative to other countries at the same time, it's the PPP.
you redefining these words, because they're vaguely correct ('measurement of cost of a basket of goods from country to country at the same period of time,' compared to 'measurement of cost of basket of goods from date to date from the same region.') it's like you just said "oil, pigment sticks," instead of saying Crayon, with the word oil being technically wrong for the situation, since Crayons are 80% wax.

>>937200999
That's literally draconian.

>>937202974
>inflation doesn't hit every one the same
If most definitely does, and we all just experienced it with the Inflation Reduction Act printing more money, driving down the value of all our money the same amount at the exact same time.
>it doesn't hit every item in the basket the same
It hits the dollars in your hand at the same time. The items in the basket are variable and could be changing from anything.
>and now you can fuck off, retard.
Calm down, logger. I know it's frustrating, but you're learning something here.

>>937203106
all I'm learning is that you are retarded, or pretending to be.

>>937202800
Ummm... Parity with what? The British Pound?

>>937202961
>I don't understand how gasoline would effect the overall cost of goods.
If the cost to ship something goes up 20%, do you just take a 20% hit to your profits?

>>937203131
You've had plenty of opportunities to explain yourself. I don't know what to tell you if you're unable to make your case.

>>937202800
If that was true than the US dollar has been devalued more than 10% since trump took office, and we'd have a higher inflation rate.

>>937203166
We were talking about the price at the pump, but sure, depending on the locations and distance, it could impact shipping. But I can get my eggs and produce down the street where shipping is nil and prices haven't changed. Therefore, not inflation, it's high gas prices, and high gas prices don't change the value of the money in my pocket or my labor.

>>937203132
It was implied in the statement made up by Dick lick over here.
I read it to mean "(check) parity of cost of a purchase compared to a past purchase."
Which is, more or less, roughly what inflation is.
Parity is a word used outside of Econ, meaning "equal," so I interpreted that to mean that we'd be seeing what the difference was.

>>937203311
>I get my eggs down the street
I'm gonna just pretend you're not super retarded, and try to point out that the farmer also drives a car.

>>937203456
No, you're talking two different things. Parity is used when comparing purchasing power in two different countries. This has absolutely nothing to do with inflation.

I haven't looked lately but the US and UK were nearing parity a while back, meaning either currency could buy the same goods for the same price.

>>937203188
>monetary supply can affect deflation/inflation, but is not the sole cause of it
>deflation/inflation(economically) is the measure of change( in price, usually across a basket of goods)
>purchasing power describes the amount of products or services that a single unit of money can acquire

>>937203481
I have gas in my car and it's only a few miles down the road. My car gets 35 MPG so if gas went up 20% then I just paid an extra 7 cents to drive myself. The farmer filled his diesel tanks when prices are low, as usual. He's good for months.

>>937203637
nta
>extra 7 cents
If you still paid say $2.00 for a carton, a carton a trip, that would still be an eggflation of 3.5%

>>937203574
>but is not the sole cause of it
It is. It's the only thing that can magically devalue the money you already own.
>deflation/inflation(economically) is the measure of change( in price, usually across a basket of goods)
No, that's the CPI. The CPI attempts to capture inflation, but it's not the same thing.
>purchasing power describes the amount of products
So what? This doesn't explain inflation at all.

Go ahead, give it another go. Maybe type up a hypothetical that describes everyone's money losing value at the same time.

>>937203727
>3.5%
Okay, because gas is more expensive and Iused it. Let's say I walk the 3 miles.
>eggflation
I think we're done here.

>>937203792
>Let's say I walk the 3 miles.
Well then you're wasting time, and time is money.

>>937203727
man you must love sucking nigger cock

>>937203735
>It's the only thing that can magically devalue the money you already own.
There are other things that can devalue the currency you own. It's still a matter of both supply and demand of a currency that "sets" the value of the currency, and the supply and demand of an item that "sets" the price.
> The CPI attempts to capture inflation
Well yeah, across that basket. rent inflation is different than services inflation which is different than food inflation, which is different than CPI.
>So what? This doesn't explain inflation at all
It was explained to you earlier, which you dismissed as CPI.
>deflation/inflation(economically) is the measure of change( in price, usually across a basket of goods *and/or services*)

>>937192918 (OP)
>I believe everything MSM says bc im a retard DURRR

KEK

>>937204392
>There are other things that can devalue the currency you own
Such as?
>rent inflation is different than services inflation which is different than food inflation
These aren't inflation. They're just price fluxuations.
>which is different than CPI
Nom CPI measures exactly that.
>which you dismissed as CPI
Because it WAS CPI. Seems you're still confused.

>>937192918 (OP)
>No source
You lost

>>937205131
>Such as?
Both supply and demand, sanctions, trade, etc. The value of the dollar against other currencies has gone down significantly since Trump took office, yet the price of goods imported have not reflected that yet, to most consumers, as it takes time to work through the system.
>They're just price fluxuations.
Sustained price fluctuations are seen in inflation data
>Because it WAS CPI
it's not. That's the part you keep missing. Even this chart >>937197094 is cpi.

>>937192918 (OP)
how the fuck is THAT the picture for this new article? i can't even see the prices. these are just FUCKING MUFFINS

>>937192918 (OP)
By decades economists complained of low inflation. Why are you complaining?

>>937200358
The increase in prices presses monetary supply.