/biz/ - Business & Finance

>>55747944
Try not being so poor

Let’s do a little experiment.

I have $1
It increases by 10%
I now have $1.10
It increases by 3%
I now have $1.13

We just have low inflation on top of the high inflation we just had. It’s only going to get worse.

>>55747944
They skipped August in 22'

>>55747968
Yeah but it was 9% last year so we saved 6% this year things should be a lot cheaper.

>>55747944

The cost of everything is just accelerating slower it's not going down.

>Everything pops 140% in 3 years.
>Inflation is still positive on top of that 140%
>Why are prices still shit?

>>55747944
i stopped frontloading my monthly grocery buys. by that i mean i was buying next months grocerys in advance since they were going up every month.

I'd filled the grocery cart with dry food like noodles instead of holding cash

>>55748001
No because you are still thinking in concrete terms. What they mean is the rate of infaltion has slowed not real inflation. Inflation is still happening but just at a slower rate.

Prices are still going up just more slowly. Inflation doesn't work by magically being at 5 dollars yesterday and 10 dollars today. It's constantly going up or down. If we want prices to come down we need a negative inflationary rate which we need Paul Vulkner to rise from his grave to achieve.

>>55748004
Exactly

So let me get this straight:
Inflation gets astronomically high under Biden, and shitlibs scramble to argue that it's not his fault because the president doesn't control it.
Then inflation continues to happen under Biden (but slightly less than before), and shitlibs thank Biden?
Roundhouse kick a shitlib into concrete.

>>55748013
Total shitlib death now.

>>55748051
Yeah but if people were predicting 9% inflation and it turns out to be 3% inflation that should mean huge price discounts?

>>55748068
The real redpill is that neither party has any real influence over the economy, everything is controlled by the Fed and megacorps. Orange man and sleepy Joe are just scapegoats for the public to blame when things go to shit.

>>55748085
>he thinks a slower inflation rate means cheaper products

>>55747944
FUCK FUCK FUCK FUCK FUCK FUCK FUCK FUCK FUCK

>>55748077
Checked and hear, hear.

>>55748077
>>55748013
Mass third world immigration fixed this

>>55748085
The rate would have to be a negative number for what you are describing

>>55748090
>Orange man and sleepy Joe are just scapegoats for the public to blame when things go to shit.
Yeah, but when things went to shit under Orange Man and GWB, the media and social media never hesitated to blame them both.
I'm not retarded, hence I remember the countless news articles during 2000-2008 and 2016-2020 (respectively) which painted an apocalyptic scenario over high gas prices under those two GOP presidents.
I remember gas being $2 a gallon under Bush, and people were ready to bring out the guillotines.
Now things are objectively far worse under Pedo Pete, and the media spin is:
>actually, the economy is booming!
>blame the war in Ukraine!
>the president doesn't control gas or food prices (unless he's a Republican) -- but the president is responsible for making those prices cheaper somehow!
>tired of paying too much for gas and groceries? You're probably racist/sexist/transphobic!
Look at plebbit of all places if you dare: they refuse to admit the economy is bad, and if you viewed threads from circa 2022 there were a ton of wagie cope rants about those "I did that!" stickers on gas pumps.
If gas was $7 a gallon under Trump, there would be Capitol riots, and shitlibs would actively promote websites to order packs of "I did that!" Trump stickers to place on gas pumps.
Faggots like Stephen Colbert and Jimmy Kimmel would even have sketches on their gay shows encourage placing those stickers.
It's not my point of view, it's a FACT, and you know that it's true.

>>55748157
>Mass third world exacerbated this
FTFY

>>55748085
No.
If we predicted 9% inflation and we only inflated by 3% that is still inflation of 3%.
If I have a a balloon that is inflated already 10% and let's say that I say I am going to inflate it 9%.
The balloon was already inflated 10% of its volume but insted of 9% I only inflate it 3%

The balloon still inflated 3% on top of the already existing 10%. You would need negative rates of inflation to go under the already existing 10% inflation.

>>55747944
I'm noticing that people are actually buying shit that I've been trying to sell for months or even more than a year

>>55748001
exactly bro these numbers are lying. They say inflation went down by 50% but yet everything is costing more and more out here in our communities.

>>55748085
>>55748204
Think of it with the running man analogy.
Imagine a man is running on a track: we'll name this man "Inflation".
The man is running, but when he reaches the 2020 checkpoint on the track, he speeds up.
He reaches the 2021 checkpoint and goes really fast.
He reaches the 2022, and speeds the fuck up: we're talking Olympic, Usain Bolt sprinting.
Then he reaches the 2023 checkpoint and starts to slow down a bit, to the point where's currently jogging at an even pace.
But the key takeaway here is that he's still moving -- fast -- and isn't stopping.
Sure, he's not running as fast as he did at the 2022 checkpoint, but he's still moving fast in the same direction.
>is he slowing down?
Kind of yeah.
>is he stopping?
No.
>is he walking backwards or turning around, heading back to the starting line?
Of course not.
He's still moving -- and running pretty damn fast -- but just not as fast as at the 2022 mark when be moved really fucking fast and traveled in a short amount of time.
As for OP's picrel, shitlibs are smugly saying, "HA! See, the running man isn't running as fast as 2022 when he ran really fucking fast, and he's getting slightly slower now (albeit continuing to run)! Take that, MAGAtard chuds!"
Unless the running man stops completely and turns back around, don't expect anything to get cheaper.

>>55747944
>>55748280
When inflation hits goods and services typically it also hits assets. The wealthy get """wealthier""" (as in their purchasing power stays relatively the same) as they own assets while the ignorant wageslaves get poorer. Buy assets!

>>55748304
The wealthy can kiss my assets.

>>55748304

I think the most telling asset in this round of inflation was housing. Houses didn't become 100% more valuable, the dollar just became worth less.

Inflation is just rate of change measurement. Positive = prices up, even if it’s 0.1%. Negative = prices down (called deflation, and what you’re alluding to.

>>55748451
Houses are a bit of a weird one as they don't really generate much income and aren't liquid. My parents are sitting on a $5M mcmansion + a rental property yet still have to wageslave to make ends meet.

>>55747944
>he thought the prices would go down

Don't neglect that a lot of people did not get any pay adjustments since papa powell was insistent on "transitory" inflation. So a lot of people are getting DP'd by devalued money and devalued labor.

>>55748085
The acceleration of inflation is slowing down, but inflation isn’t decelerating yet. That would be called deflation.

>>55747944
Do you not understand what inflation means? A lower inflation rate doesn't mean your money goes back to being better, it just means your money is getting worse at a slower rate.

An inflation rate is quite literally a "how bad it's getting" meter.

>this dumbfuck thinks "lower inflation" means prices fall
silly little goytoy, 3% on top of 9% so 12.3% over the last two years. and that's CPI which is manipulated out the ass, probably closer 20% actual

>>55748532
Why do some many people on these forums feel the need to add anti semitic messaging into their pictures, it's completely unnecessary and out of place and makes you look like a complete fool.

>>55748564
Because it is 100% factually correct, kike trash.

>>55748001
No nigger, its 15% worse than 2 years ago.
Everything is getting shittier, its just getting shittier at a slower rate.

>>55747944
Prices have increased. Businesses will not lower prices for most items now. The issue is being able to afford these items. So, people demand higher wages and threaten to strike, or they simply find better paying jobs. If you are not trying to find a better paying job, then you lose. Businesses also lose if they cannot remain competitive with keeping wages low.

>>55747944
Amazon just overdelivered on their earnings estimate by literally 63%
Fair to say recession is cancelled.

>>55747968
0.03 is not 3% of 1.10 moron

>>55748157
kek

>>55748259
kek

>>55748085
If eggs are $5 today (up 100% from last year) and inflation is at 0%, eggs will be $5 tomorrow. Inflation going down does not equal deflation (prices dropping).

Daily reminder that this all began because of a literal cold. A fucking cold. This has, hands down, been the stupidest time to be alive. At least in earlier times, peasants had access to the ability to till their own fields and fend for themselves....today they sit in their homes and scroll mindlessly on their phones.

>>55748466
If they were smart they'd sell now.

How do I short /biz/?

>>55747944
enjoy what you have voted

Why don't we just do a 2008?

>eggs $1.34 under Trump
>eggs now $1.26 under Biden
sorry Chuds looks like you lost again

What is compounding inflation?

>>55747968
>>55747944
Bingo, inflation is still here but lower
The inflation we’ve racked up
Still here

>>55752486
They're $6 under Biden, faggot groomer.

>>55752486
https://www.usinflationcalculator.com/inflation/egg-prices-adjusted-for-inflation/
This is just not true and even if it was it doesn't necessarily mean people would be better off without the context of the entire market.

>>55747944
Holy shit you have to be a retard use your brain

>>55747968
This guy gets it. People hear "lower inflation" and think it means deflation. It just means I flation is slowing down.

Watch this video btw, it explains s why all of this is happening:
https://youtu.be/ah2tbJg9_MI

>>55752727
Yeah, but the average Biden voter unironically believes math is racist and that we should abolish gardening because our food actually comes from African voodoo rituals, not farms.
Hence they see these charts about inflation slowing down and unironically dab with their astroturfed Dark Brandon memes.

>>55748927
banks will not give you the missing .003 retard

>>55752486
put down the crack pipe. thats not reality.

>>55752778

>>55752872
OK groomer.

>>55747944
It still takes more and more usd to make anything happen. Has it slowed? idk maybe, but has it stopped? hah.

>>55748085
>prices go up 3%
Hur dur its a discount!

>>55747944
>>55747968
There will be no "collapse" the way some of these people think of it. It's not going to be like the movie "Dawn of the Dead" or whatever where one day suddenly shit hits the fan and prices skyrocket and everyone begins to riot and the SS comes marching down the street to kill everyone. There will be no "happening." It's far more insidious than that. Read the poem "The Hollow Men" by TS Eliot and you'll understand.

You'll just notice that every day simple things will become a little more expensive. Everyone's homes and apartments will start to get smaller. Your work hours will get longer, but your pay will decrease. You'll see family and friends less, and find that in time you care less about them. Every day you'll find yourself lowering your standards for everything: work, food, relationships, etc. Job security will no longer exist as a concept. You'll notice houses and apartments shrinking. People will start hanging on to clothing longer and longer. Less people will get married, even less will have children. People will engross themselves in technological distractions and fantasy while never truly experiencing the real world.

Whatever dream people used to have about what their lives were going to be will become for them a distant memory. The only thing left for them will be the reality of their debt and their poverty. And every minute of every day they will be told, "You are stupid, ugly, and weak, but together we are free, prosperous, and safe."

That is the collapse. The reduction of the American man into a feudal serf, incapable of feeling love or hate, incapable of seeing the pitiful nature of his situation for what it is or recognizing his own self worth.

>>55747944
Yea same. But Blackswan is looking really good atm. Take a look at blackswan dot biz

>>55753481
Based copypasta enjoyer.

>>55753620
>can't eat noodle soup in the rain at Chinatown while wearing trench coat
>has to settle for eating copy pasta on a Mongolian basket weaving forum while wearing boxers

>>55747944
inflation is a one way trip.
>thing costs 100 dollar
>2% inflation
>thing costs 102
>uh oh stinky big 10% inflation
>thing costs 112.02
>oh yay we fixed inflation its back to 2%
>thing costs 114.26

>>55747948
/thread

>>55747968
this. they printed so much they are good for a while. thanks for playing

>>55748564
>t. coping jew

>>55748525
To be fair this is how 95% of people think. Most people do not understand how this stuff works.

>>55753481
>(You) will own nothing and be happy.

>>55754736
this one get it.