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“Inflation is Coming, Inflation is Coming!”
Townhall.com ^ | September 22, 2017 | Dan Celia

Posted on 09/23/2017 6:24:24 AM PDT by Kaslin

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To: Leaning Right

Food prices go up, and package sizes get smaller.

************

Yep, pay more get less.

I can tell you are a frequent shopper! :)


21 posted on 09/23/2017 6:51:19 AM PDT by Starboard
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To: ilovesarah2012

My econ prof was terrible at spelling.


22 posted on 09/23/2017 6:51:46 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Kaslin

The bastard is saying that wages are not going up thanks to the Republican congress.

The idiot thinks that inflation is a good thing. It’s not. It’s the continuing loss of purchasing power of money. Where there is no money, there is no inflation.

The fool doesn’t realize that the rise in prices and salaries is not a good thing.

Politicians love inflation. When the public complains about rising prices, they blame it on some mysterious external force, by saying stupid things like “Prices are rising because of inflation”. (Inflation = rising prices).

Inflation allows the politicians to crow about how some indexes are rising (stock market, GDP, tax revenues) as it were a good thing, while in reality the numbers are going up because the dollar has lost its value.


23 posted on 09/23/2017 6:51:55 AM PDT by I want the USA back (Constantly doing things in opposition to human nature is insanity.)
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To: Leaning Right

The only things that count are the things that don’t count.


24 posted on 09/23/2017 6:52:07 AM PDT by P-Marlowe (Freep mail me if you want to be on my Fingerstyle Acoustic Guitar Ping list.)
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To: KarlInOhio

Every public policy initiative in the last 30 years has been designed to keep wages down. It’s worked.


25 posted on 09/23/2017 6:53:32 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: I want the USA back

Republicans and the cheap labor express have flooded the USA with an oversupply of workers and Democrat voters.


26 posted on 09/23/2017 6:55:17 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: P-Marlowe

It showed up about 8 years ago.


27 posted on 09/23/2017 6:56:55 AM PDT by Delta 21 (Build The Wall !! Jail The Cankle !!)
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To: Leaning Right
That’s because the consumer price index (CPI) does not consider products in the energy and food sectors.

Many different versions of the CPI are calculated, both with and without food and fuel. Which one gets pumped up in the news changes, but the main one which affects things like automatic Social Security cost of living adjustments do include food and fuel. The big January 2009 and two years of 0% increases were caused by a spike in gas prices in the summer of 2008 (remember $4 gasoline) which was gone by December.

28 posted on 09/23/2017 6:58:02 AM PDT by KarlInOhio (The Whig Party died when it fled the great fight of its century. Ditto for the Republicans now.)
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To: Artemis Webb

Did you buy it at the higher price?


29 posted on 09/23/2017 6:58:19 AM PDT by Delta 21 (Build The Wall !! Jail The Cankle !!)
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To: central_va

Bacon inflation! This could be a national disaster!


30 posted on 09/23/2017 6:59:25 AM PDT by Delta 21 (Build The Wall !! Jail The Cankle !!)
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To: central_va

Inflation is the decrease in purchasing power of a currency.

The cause is sometimes hidden by the actions of the government. Historically, major inflations have been caused either by wars (see the American revolution, or Civil war), or really horrible government (see Zimbabwe or Venezuela). The inflation caused by WWII was somewhat hidden by price controls. It became evident after the war when price controls were lifted.

Modern inflation in the US is caused by the government hindering economic growth with burdensome regulations and too much taxation on productivity combined with wasteful government spending. This causes the government to create money faster than economic growth, which devalues the currency and causes inflation. Market based growth fueled by increased efficiency is actually deflationary. Growth caused by population growth should be neutral, or deflationary if economies of scale are considered. Market based wage increases aren’t inflationary either. Therefore, when the government and their media blame inflation on economic growth and wage increases they are lying, but it sure does a great job of hurting the middle class over time, and it masks the crooked behavior of our political ruling class.


31 posted on 09/23/2017 6:59:26 AM PDT by Moonman62 (Make America Great Again!)
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To: Delta 21
"Did you buy it at the higher price?"

No. Not because I'm trying to send a statement or impact my little corner of the Supply and Demand world. But simply because I'm cheap. :)

32 posted on 09/23/2017 7:00:44 AM PDT by Artemis Webb (Maxine Waters for House Minority Leader!!)
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To: Kaslin

the Fed and Govt publish so many Fake Statistics that they eventually begin to believe their own lies

anyone who has not noticed all the inflation in the REAL costs of living in the last 7 or 8 years has been BLIND


33 posted on 09/23/2017 7:00:51 AM PDT by faithhopecharity ("Politicans are not born, they're excreted." -- Marcus Tillius Cicero)
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To: Delta 21

Seriously, bacon costs as much as steak.


34 posted on 09/23/2017 7:01:44 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: I want the USA back
The idiot thinks that inflation is a good thing. It’s not. It’s the continuing loss of purchasing power of money. Where there is no money, there is no inflation.

I think too many economists have cause and effect backwards from the Great Depression. The economy collapsed causing panic and prices to drop. So now whenever prices drop or don't rise fast enough they panic thinking the economy will collapse.

I read some economist who said the natural rate of inflation is about negative 0.1% from productivity gains. Anything above that is someone manipulating the money supply for their benefit and your detriment.

35 posted on 09/23/2017 7:06:00 AM PDT by KarlInOhio (The Whig Party died when it fled the great fight of its century. Ditto for the Republicans now.)
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To: Kaslin

I buy food like I am day trading.
I only buy an item when price is down.


36 posted on 09/23/2017 7:11:06 AM PDT by Leep (Less talk more ACTiON!)
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To: Leaning Right

Food, energy, AND housing. The 3 most basic needs. 5 years ago, the average 3 br. house in my area rented for $1200. Now it’s $1700.


37 posted on 09/23/2017 7:21:15 AM PDT by Right Brother
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To: P-Marlowe

Maybe we need a better definition of inflation,but from the standpoint of a senior on Soc. Sec. seeing rising prices on the necessities,smaller quantities in packaging for the same or higher price,& the same old check coming in....to us that spells inflation. Maybe it can be defined in some other way,but to most consumers,it’s the same old story of getting less & less & paying more & more for it. I would agree with what others seem to be saying about how the CPI is being figured.


38 posted on 09/23/2017 7:22:59 AM PDT by oldtech
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To: Kaslin

Economics is the most over-hyped, misunderstood, and dangerous ‘discipline’ in the world. Any economic theory that may be true on monday may very well not be true on tuesday because something has changed. And that ‘something’ may simply be attitude. A ‘desirable two percent inflation’ is a lazy cover for real growth. Also it is a hidden transfer of wealth from earners and savers to the government. Get Real! Voodoo does not even begin to describe any form of economics - theoretical or applied.


39 posted on 09/23/2017 7:26:30 AM PDT by I am Richard Brandon
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To: Artemis Webb

Time for Saturday morning bacon fest with fresh ground coffee. One of my few pleasures I aint giving it up yet. Daily’s thick slice applewood is $9.75 for a pound and a half.

Dont let the bastards grind you down!!


40 posted on 09/23/2017 7:30:48 AM PDT by Delta 21 (Build The Wall !! Jail The Cankle !!)
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