by Guest » Sat Apr 13, 2024 2:04 pm
@johndamascus6039
2 months ago
There's no inflation in healthcare, housing, and education? Insurance? LOL, the things we can't outsource have experienced tremendous inflation. Why? They are real. Of course the markets are inflated as well, because the fiat systems of the world are continually debased. Kartik cheers on the prices of TVs or EVs as if we all need those over and over again. It's pretty funny actually. CPI measures other things, and they change even that measure to steal money from the populace via printing, to keep the government grift growing.
@KartikGadaATOM
2 months ago (edited)
Well, no, because the GSCI is freely traded, and is a component of all costs (oil in particular). But remember that I take three different measurements for the most comprehensive assessment.
Plus, the CNBC data is pretty robust.
It is tremendously fashionable to express 'concern' about inflation. That does not mean it is so high as to be a problem.
@johndamascus6039
2 months ago
You didn't address my point. And I'm talking about America here, otherwise that might change for the national or person of X status in Y country. The FACT is that the cost of living has gone up MASSIVELY in the sectors I point out. You talking about commodities has no real bearing on what people consider inflation, which isn't related to gadgets and other such things I stated above aren't relevant for life or common purchases but once every 5-10 years.
@KartikGadaATOM
2 months ago (edited)
"The FACT is that the cost of living has gone up MASSIVELY in the sectors I point out. "
It hasn't. The CNBC data alone disproves that assertion for healthcare. Provide actual data if you want to claim this.
Plus, you are conflating university tuition with 'education'. Classic mistake. There is tremendous deflation in educational access, due to improvement in online materials.
" You talking about commodities has no real bearing on what people consider inflation, "
It does. Commodities are the only truly indisputable measurement, and are a component of everything.
What most people 'consider' inflation is imaginary. The will use an anecdote, usually something that is an extremely small expense (eggs), or some horrendous junk food, as the entire basis of their 'claim'.
The CPI, GSCI, and Treasury yields are not driven by purchases that are only once every 5-10 years. How you think that is being claimed anywhere is a mystery.
You can't just assert that inflation is high, without some data that is holistic. As I said, it is tremendously fashionable to express 'concern' about inflation. That does not mean it is high in reality.
Study Kartik's Law of Inflation :
https://youtu.be/FakkLEn7FDU
Anecdotes and subjective hearsay is no substitute for data.
@johndamascus6039
2 months ago
@KartikGadaATOM We can agree on some of these things, to be certain. That is, one doesn't have to undergo education in "the system", it is true; he doesn't have to seek medical care in the USA either. But it's not common that people, whether stupid or not, eschew or forego these things. The food pricing reality is one where you just aren't paying attention or flatly lying about, though, Kartik. All grocery prices are up big, the substitutions in the CPI are fake outs and lies, and most CEOs will tell you why they are raising prices. Thanks for the back and forth at least. More later.
@KartikGadaATOM
2 months ago (edited)
Food prices are not up that much. See the CNBC data.
Processed junk food rises faster than healthy food, yes, for the reasons explained in the video. Processed food/fast food is a tax on stupid people, as it should be.
Yet you still assert that the CPI is rigged. It is not. You have to present data, in the form of a credible index (not fiction like ShadowStats) for you to have any point at all. Otherwise, you are just making unsubstantiated assertions without any data. Remember, it is very fashionable to claim that inflation is overstated, in order to convey victimhood.
Study Kartik's Law of Inflation to recognize the errors you are making (debating via anecdote instead of data, not being index-aware, etc.) :
https://youtu.be/FakkLEn7FDU
[quote=Guest post_id=86623 time=1713024197]
https://www.youtube.com/watch?v=6TUNhOzLWA4
[/quote]
[quote]
@johndamascus6039
2 months ago
There's no inflation in healthcare, housing, and education? Insurance? LOL, the things we can't outsource have experienced tremendous inflation. Why? They are real. Of course the markets are inflated as well, because the fiat systems of the world are continually debased. Kartik cheers on the prices of TVs or EVs as if we all need those over and over again. It's pretty funny actually. CPI measures other things, and they change even that measure to steal money from the populace via printing, to keep the government grift growing.[/quote]
[quote]@KartikGadaATOM
2 months ago (edited)
Well, no, because the GSCI is freely traded, and is a component of all costs (oil in particular). But remember that I take three different measurements for the most comprehensive assessment.
Plus, the CNBC data is pretty robust.
It is tremendously fashionable to express 'concern' about inflation. That does not mean it is so high as to be a problem.[/quote]
[quote]
@johndamascus6039
2 months ago
You didn't address my point. And I'm talking about America here, otherwise that might change for the national or person of X status in Y country. The FACT is that the cost of living has gone up MASSIVELY in the sectors I point out. You talking about commodities has no real bearing on what people consider inflation, which isn't related to gadgets and other such things I stated above aren't relevant for life or common purchases but once every 5-10 years.[/quote]
[quote]
@KartikGadaATOM
2 months ago (edited)
"The FACT is that the cost of living has gone up MASSIVELY in the sectors I point out. "
It hasn't. The CNBC data alone disproves that assertion for healthcare. Provide actual data if you want to claim this.
Plus, you are conflating university tuition with 'education'. Classic mistake. There is tremendous deflation in educational access, due to improvement in online materials.
" You talking about commodities has no real bearing on what people consider inflation, "
It does. Commodities are the only truly indisputable measurement, and are a component of everything.
What most people 'consider' inflation is imaginary. The will use an anecdote, usually something that is an extremely small expense (eggs), or some horrendous junk food, as the entire basis of their 'claim'.
The CPI, GSCI, and Treasury yields are not driven by purchases that are only once every 5-10 years. How you think that is being claimed anywhere is a mystery.
You can't just assert that inflation is high, without some data that is holistic. As I said, it is tremendously fashionable to express 'concern' about inflation. That does not mean it is high in reality.
Study Kartik's Law of Inflation : https://youtu.be/FakkLEn7FDU
Anecdotes and subjective hearsay is no substitute for data.[/quote]
[quote]
@johndamascus6039
2 months ago
@KartikGadaATOM We can agree on some of these things, to be certain. That is, one doesn't have to undergo education in "the system", it is true; he doesn't have to seek medical care in the USA either. But it's not common that people, whether stupid or not, eschew or forego these things. The food pricing reality is one where you just aren't paying attention or flatly lying about, though, Kartik. All grocery prices are up big, the substitutions in the CPI are fake outs and lies, and most CEOs will tell you why they are raising prices. Thanks for the back and forth at least. More later.[/quote]
[quote]
@KartikGadaATOM
2 months ago (edited)
Food prices are not up that much. See the CNBC data.
Processed junk food rises faster than healthy food, yes, for the reasons explained in the video. Processed food/fast food is a tax on stupid people, as it should be.
Yet you still assert that the CPI is rigged. It is not. You have to present data, in the form of a credible index (not fiction like ShadowStats) for you to have any point at all. Otherwise, you are just making unsubstantiated assertions without any data. Remember, it is very fashionable to claim that inflation is overstated, in order to convey victimhood.
Study Kartik's Law of Inflation to recognize the errors you are making (debating via anecdote instead of data, not being index-aware, etc.) :
https://youtu.be/FakkLEn7FDU[/quote]