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To: volare737

who says inflation has to be 3 or 4 %

Diring Bidumb they kep claiming it was 9 - to 12 percent, when it cearly was nearly 100% (total over 4 years)

I could enjoy a few years of 1 or 2% inflation


18 posted on 09/04/2026 8:05:10 AM PDT by Mr. K (no consequence of repealing obamacare is worse than obamacare itself.)
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To: Mr. K

During Joe Biden’s presidency, inflation rose significantly, starting at 1.4% in January 2021 and peaking at about 9.1% in June 2022, before declining to around 3% by mid-2023. Over the four years, consumer prices rose by 21.5%.

Since January 2012, the Federal Open Market Committee has stated that it seeks to achieve inflation at 2% over the longer run, using the PCE price index as the primary gauge.

In July 2026, the U.S. headline PCE inflation rate was 3.7% year‑over‑year, slightly above forecasts, while core PCE inflation held at 3.3%


24 posted on 09/04/2026 8:18:46 AM PDT by Miami Rebel (RE)
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To: Mr. K

…and lowering interest rates will do that?…..rolling eyes here


26 posted on 09/04/2026 8:27:34 AM PDT by volare737 ( Diversity is something to be overcome, not celebrated. e)
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To: Mr. K
nearly 100% (total over 4 years)

Inflation (defined as debasement of the currency) is hard to measure, but I think you're right on this.

40 posted on 09/04/2026 10:02:19 AM PDT by T Ruth (Mohammedanism shall be destroyed.)
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