Posted on 06/05/2018 8:33:33 AM PDT by Liberty7732
To have price inflation, wages must rise. Hence the push for a higher minimum wage. Raise the floor and you also raise the ceiling.
That is an utter F***ing lie. I've never seen inflation so horrible as it has been between 2009-2017. I've been keeping track. Virtually everything I buy on a regular basis doubled in price. I could give you a list.
Inflation was 200% since that idiot Obama took office. He just ordered the FedGov to lie about real inflation.
There are many other reasons. Production of physical goods is much easier with modern technology. With automation, we can produce more with less effort, and with computerization, we know how much to produce.
Agreed—inflation in many consumer goods is very real.
Confession—I just bought coffee at a Starbucks this morning (ducking under desk.. :-) ).
The price just rose for the second time in the past year—for their lousy overpriced coffee.
There is also shrink-flation where the package size shrinks while the package stays the same.
Health care costs, college costs, house prices and rents—the list goes on and on.
Computers and printers are cheaper, but really...
I have seen prices rise as well, especially in the last year or so.
But I was puzzled about the lack of obvious inflation in the early Obama years.
The idea that quantitative easing put money into the hands of people who spent it where it did not contribute to price inflation is an intriguing idea. The stock market certainly shot up in price! Stocks are not considered part of any inflation index that I know of.
You know, stuff that actually matters to people. The reason Obastard did this was because it would have shown him to be the total incompetent moron he truly was/is.
Yes, electronics are cheaper, everything is is quite a lot more expensive than it was. Adding $2,500.00 in cost for every man woman and child in the US, (Obamacare idiocy) could not help but drive up inflation.
Agree - from the price of meat to the shrinking of packaging - prices in the grocery store and restaurants went up a great deal in that time frame.
But hard drives are cheaper than ever. I think I’ll fry up a 2 gigabyte hard drive with my overpriced eggs.
Ding! Ding! We got a Winner!
Ditto
I’ve always wondered how they managed to hide inflation when everyone knows prices have gone way UP!
Unaccounted for inflation. Consumer debt. Wage stagnation.
That sums it up for me.
The Obama administration removed food and fuel from the inflation calculations they used to determine "inflation." I've often said the Trump administration needs to recalculate all the Obama job numbers and inflation calculations using the earlier method, and let that stupid bastard Obama go down in history as the piece of sh*t idiot he really was.
And yes, the Stock Market is highly inflated. No real value increase, but massive stock value increases. That's where a lot of the "quantitative easing" ended up.
Affirmative Action Man from Corrupt Chicago simply ordered his agencies to lie about it. Lying Media bastards on the Democrat side of the Aisle covered up this very blatant lying by not reporting it.
The affects of money printing are asymmetric. Certainly, bankers were the main beneficiary, and then anyone with access to cheap money and assets.
No inflation? That’s BS. Want to rent an apt. in a big city? buy farmland? Paid for healthcare recently? How about college tuitions? Cost of running a state or local government?
Obama's recession, hard to have real inflation.
Groceries and gas. Many grocery items have shown significant increases.
‘Shrinkflation’ is also alive and well. I have noticed some product content shrinkage in a couple of different grocery stores, but the prices stayed the same.
Just last week I bought some coffee filters. I had been buying them for $1.19 for several years. Last week, they were $1.65 per pack.
Didn’t Bill Clinton change the cost of living formula to allow substitution and thus manipulate the inflation index in 1992?
So many silly errors.
arrogance of power, stupidity, terrorism, whatever?
Yes, yes, good for you for dropping cable years ago, and for using a Cricket Wireless flip phone for $19/month. I'm talking about the average middle class family, not the average FReeper family.
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