I love the cpi changes since the 1970’s. Eggs, milk, etc. have doubled in price in less than 4 years with inflation below 5%. Funny stuff!
ThisKarmaLimitSucks on
Hedonic adjustment means that CPI is basically just a measure of Americans’ income. Americans spend 95% of what we make, and if we spend all our money on crappy stuff instead of the good stuff because we can’t afford the good stuff anymore, CPI is rigged to show that as zero inflation.
Inflation is far higher than 30% over the past 3 years. I would venture that it’s 50% minimum, and wages have gone up about 20%-30% (again, CPI), with the difference being the decline in real incomes and standard of living.
Anyway, the fact that even doctored inflation numbers are over 3%, and the Fed is talking about cuts, means that 2% inflation is gone and looking like it won’t come back.
We need a hard deflationary crash that is allowed to burn through 15 years of inflation and mal-investment, followed by years of austerity while we reduce our governmental debt load. If we pull that off, the US could enter into the 2030s on solid financial footing. If we don’t pull that off, it’s runaway inflation and curtains for the USD.
TickletheEther on
Do those bureaucrats account for shrinkflation and enshitification because I dont think so.
Dull_Broccoli1637 on
My paycheck –>>> My bills 
BriefOrganization341 on
Word. 👍👍
TheDudeAbidesFarOut on
#T R A N S I T O R Y
kunkun6969 on
Lol this meme has the same feel as the “i did this stickers” at gas stations
Glandryth on
We need to cut rates. Economy is going in the shitter because y’all don’t understand CPI for shit
NochillWill123 on
Fuck I need to cash out next pump
ConversationFalse242 on
Should have done it with wolverine and mini wolverine
13 Comments
So are you telling us the Fed shouldn’t cut rates?
Real
I love the cpi changes since the 1970’s. Eggs, milk, etc. have doubled in price in less than 4 years with inflation below 5%. Funny stuff!
Hedonic adjustment means that CPI is basically just a measure of Americans’ income. Americans spend 95% of what we make, and if we spend all our money on crappy stuff instead of the good stuff because we can’t afford the good stuff anymore, CPI is rigged to show that as zero inflation.
Inflation is far higher than 30% over the past 3 years. I would venture that it’s 50% minimum, and wages have gone up about 20%-30% (again, CPI), with the difference being the decline in real incomes and standard of living.
Anyway, the fact that even doctored inflation numbers are over 3%, and the Fed is talking about cuts, means that 2% inflation is gone and looking like it won’t come back.
We need a hard deflationary crash that is allowed to burn through 15 years of inflation and mal-investment, followed by years of austerity while we reduce our governmental debt load. If we pull that off, the US could enter into the 2030s on solid financial footing. If we don’t pull that off, it’s runaway inflation and curtains for the USD.
Do those bureaucrats account for shrinkflation and enshitification because I dont think so.
My paycheck –>>> My bills 
Word. 👍👍
#T R A N S I T O R Y
Lol this meme has the same feel as the “i did this stickers” at gas stations
We need to cut rates. Economy is going in the shitter because y’all don’t understand CPI for shit
Fuck I need to cash out next pump
Should have done it with wolverine and mini wolverine