/biz/ - Business & Finance

>why is 3% inflation not operation as -3% disinflation?
oh no, anon's retarded brother is posting while he's in the shitter

>>57587739
because democrats kill economies

>>57587739
Serious answer: you’re retarded.

>>57587739
Actual retard or bait?

The Biden administration has done a great job with the economy. But too bad the Dems want to kill crypto. I'm gonna have to support Trump for 2024.

>>57587739
so what happened to beef price?

>>57587768
>Actual retard or bait?
Hes reading AP. Most likely American. Therefore one can, with high probability of being correct, assume he is in fact, retarded.

>>57587739
When they refer to inflation, they mean how much the price changes (increases). Basically prices stopped increasing.
>Spoiler: they probably won't decrease

>>57587739
To help you understand better, heres how it is.
When you subscribe to 2 onlyfans this year, your number of subs is 2. Next year you increase it by only 1 instead of 2. Your sub count is now 3. If you substract your 2 from 3, you get 1, which is neither negative nor 0. What this means is that as long as youre subscribing to more onlyfans accounts, you're increasing the number of accounts your subscribed to. Does that answer it?

If you buy 1 burger today you have 1 burger. You buy 2 burgers tomorrow, you have 3. You buy 1 burger the day after, you have 4. See, it keeps going up.

>>57587739
>If inflation is so low then why is everything still so expensive
Because inflation was high before. There is a thing called "the past"

>>57587777
checked
Should have gone all in on Wagyu beef cattle when i had the chance.

>>57587866
>but i did eat inflation this morning

Because its all fake and gay

>>57587739
An inflation just flew over my house!!!!

>>57587752
fpbp

>>57587739
Corporations knew they could get away with raising prices when Biden took office and nobody would stop them.

Combined with this shitty job market, there's no chance Biden wins 2024

Because the inflation metric that the government uses doesn't include
>food
>groceries
>new/used cars
>rent
>mortgages
>education
>healthcare costs
>daycare costs
If you're just buying lamps, ping pong paddles, and swiffer mops, the economy is great fro you.
Biden HIMSELF even went on tv yesterday and said "food prices are too high and the contents of the packages are getting lower". He literally described Bidenomics.

>>57587739
The real question to be asking is how long it will take wages to cover inflation.

What is actually tragic though is white collar wages are going down below 2019 levels (minimum wage has gone up though, but is obsolete and behind inflation at this point, MW is at 2019 price level atm).

So compared to 2019 everything is 2-3x price, and you probably have a lower or stagnated salary unless you are a minimum wage cuck.

>>57587739
Shrinkflation

>>57587739
Because things are still getting more expensive, just at a slower rate than they were before. Fed likes to keep a consistent ~2% inflation to match economic growth rate and population growth.
Unfortunately, the last 3 years (2020-23) had something like 20% real inflation, so to get back down to where we should be we'd need to have concurrent years of ~15% deflation.
Economists quite literally shit themselves when they think about deflation, so that is unlikely to happen. This means we're now just stuck with higher prices that the economy can't really catch up with unless we have a 15% growth rate, which will never happen.

>>57587739
Because the economy is fake and gay

>>57587739
Inflation is 3% when you exclude housing, gasoline, food prices, and other non-essential things

>>57587739
The government has done really well on psyoping people on inflation

>>57587739

Because, they are measuring the rate of price increases, not the total prices of goods and services. Also, there is no such thing as negative inflation, which is an oxymoron. There is only inflation and deflation.

Example:

- Item X is $100.
- Next year, item X is $102.
- That's a Year Over Year inflation rate of 2%.
- Inflation lowers down to 1% YOY
- Item X now costs $103.

>>57589189
Every single economist on twitter has been repeating this garbage endlessly, so some kind of memo had to have gone out.

>>57589218
gtfo faggot your too smart for this place

>>57587764
>bi partisan meme
Are you 12?

>>57587752
/thread
Get it tattooed on your little peepee and stop asking the same fucking question every day. Morons.

>>57587739
>Everything is so expensive
I know I'm going to get attacked for saying this, but is it really? I keep hearing online that inflation is so terrible, and I live in Washington state, but it really doesn't seem that bad compared to like 3 years ago. Food is maybe 10% more expensive, I think? Gas seems about the same? Electricity and gas are maybe a bit more? The price increases I'm seeing don't seem that crazy.

>>57589218
How is what you're saying any different than "the inflation rate compounds"? That seems obvious?
Or are you saying we could have a situation where the price of item X is $103, was $100 a year ago, but the YOY inflation rate is only 1%?

>>57587739
Because your wages barely catch up inflation

>>57587739
>things go up 3%
>why isn’t stuff cheaper
You deserve to be poor

>>57587739
Inflation is tamed. Mission accomplished.
>when do prices go back down?
Never. Your fucked forever. Vote for me.

I used to enjoy food shipping every Saturday now it’s about making tough decisions on what I can afford to eat

>>57587739
new normal. The inflation and prices won’t go up as fast anymore (of course they will, only retards believe their numbers) but it will never go down

>>57588468
Is there any independent data? I remember following one but that was like two years ago

>>57588567
Never. That’s the part of new normal. You will never be wealthy again.
>>57589173
>economic growth rate
/biz/ still attracts illiterate retards at this point in bear? The number goes up because they print money and give it to themselves retard. It’s fraud baked into the system.

>>57589634
you should go back to r*ddit

>>57591803
Wrong. Pandemics raise value of labor. White collar work is not labor so rightfully should decline to help curb inflation working from home.

>>57591886
>mass migration
>rising unemployment (fake job ads)
your labor was worth shit before the fludemic now they try to kill you for fun

>>57589610
He's right though in so far as the working white middle class goes. People get it in their heads that x party is stupid and don't know what they're doing. Which is false. They know what they're doing and their living theirs and heir buddies pockets at the expense of others. Sure they're people in the Dem or Rep part that care about the poor or working class, respectively. But the big wigs up top don't give a shit and if you benefit from their policies it is a byproduct of them looking after their business interests. Lesser of two evils and all that

>>57591997
You can say jews here.

>>57592024
Kek
The webm is so ridiculous a part of me believes it was a /pol/tard trolling

>>57587910
Kek

Because that's the annual inflation rate. High prices are here to stay, unless we get what's called deflation. THEN shit gets real.

>>57587752
this

>>57587768
I think he is from reddit and serious

Why do leftists love inflation so much?

Why won't they let prices come down?

Why do they hate the working class so much?

>>57587764
>le x-hand puppeteered kike marionette is akshually to blame

>>57587764
>NOOOOOO!!! DON'T BLAME MY GUY
everyone in government hates you and is only there to enrich themselves.
prices go up and never go down. jews ruin everything

>>57592495
I'm already noticing some prices dropping in supermarkets
even some whores have reduced their prices to levels I haven't seen since 2019 lol

So what the hell has to happen for long term deflation to occur? Japan is supposedly in a recession since the 80s, deflationary, yet they seem to be alright overall.

>inb4 destruction of state of Israel
Yeah, okay, but other than that?

>>57587764
>>57592629
list here Chuds

WE'RE BUILDING BACK BETTER

most popular president in history :)

>bro why are you mad about the prices being 150% higher? Inflation is down bro!

>>57587764
>>57587764
It's more than that- the middle class has opposed the democrats for most of the past 150 years. The middle class is essentially the enemy of the democratic party, institutionally. There is currently a kind of middle class liberal who votes dem then wonders why things get worse economically, so they vote harder and things get worser.

All of this is intentional- you crush the middle class, prevent wealth transfers through generations, ensure the next generation is saddled with debt and now you've "defeated white supremacy" by making everyone broke and transferring their wealth by government policy.

If you fancy yourself middle class, or have a job where you actually work, you are stupid for voting democratic.

>>57587764
>inefficiency kills systems
>permanent bureaucracy is inefficient because of unaccountability
>democrats expand bureaucracy by design
you're not wrong, retard bro