Tom Mazanec's Topic
Posted: Sat Aug 03, 2019 8:28 pm
Tom Mazanec's Topic
Generational theory, international history and current events
https://gdxforum.com/forum/
Why do you keep asking the same stupid questions over and over?Tom Mazanec wrote: ↑Wed May 12, 2021 5:02 pm> John: Inflation March-April 0.82%
> https://data.bls.gov/cgi-bin/cpicalc.pl ... ar2=202104
> That is ~9.9% annually...almost double digit.
John, do you have a counter to the fact that there has been inflation that is incontrovertible?Tom Mazanec wrote: ↑Sat May 15, 2021 8:55 am"Regression to the Mean" did not help Weimar Germany, postwar Hungary or Y2K Zimbabwe.
Let's use your time machine. Your first Web Log was June 2004. You have been crying "deflation" for at least that long.
Let's see how much deflation there has been, using the CPI (which uses things like "hedonics" but not things like "shrinkflation".)
100.00
in
June
2004
has the same buying power as
$140.78
in
April
2021
https://data.bls.gov/cgi-bin/cpicalc.pl ... ar2=202104
That is deflation only by your definition. That is moderate inflation by anyone else's.
You're asking the wrong question.Cool Breeze wrote: ↑Tue May 18, 2021 6:31 pm> John, do you have a counter to the fact that there has been
> inflation that is incontrovertible?
> That's why I think we are talking about different things - you
> must be suggesting that if something spirals out of control, or
> into a crisis, that will be deflationary. But can't we, and don't
> we have, inflation YoY for decades? And that's even WITH
> technological deflation that brings prices down all the
> while.