Inflation is bad because.... IT JUST HECKIN IS OKAY???

[Anonymous No.50291207]

>$1 becomes more than $1
>this is somehow bad

[Anonymous No.50291302]

>food that cost $1 now costs $1.25

Your bait thread sucks.

[Anonymous No.50291433]

>>50291207
Finance is good for money yes. Unfortunately money is purely parasitic that serves no purpose nor has any inherent value. So when when money grows everything else dies. Animals, people,mother Earth it doesnt matter. You will consume everything

[Anonymous No.50291457]

>>50291433
Inflation*

[Anonymous No.50291464]

test

[Anonymous No.50291494]

>>50291207
Inflation is good for rich people with millions in debt. That's about it.

[Anonymous No.50291517]

>>50291302
>$1 is now $1.25
So it's the same now. You're retarded.

[Anonymous No.50291553]

>>50291494
No, Inflation is good for people who don't hold a lot of cash or bonds. Aka non-rich people.

[Anonymous No.50291592]

>>50291553
Non rich people dont hold...cash? Wtf do they hold then you braindead parasite

[Anonymous No.50291598]

>>50291517
But you'll get paid $1 still, sorry goyim.

[Anonymous No.50291612]

frogposting basically outs you as a newfaggot

[Anonymous No.50291620]

>>50291207
Home prices skyrocket, amount in bank account same, used cars 110% inflation in 6 months, still same amount in bank account, groceries 100% up, salary the same
>iz real real bad

[Anonymous No.50291730]

>>50291553
That makes no sense whatsoever.

[Anonymous No.50291783]

>>50291592
If you held a lot of cash you wouldn't be poor, brainlet.

>>50291730
durp

[Anonymous No.50291786]

>>50291207
Inflation is good for the rich, a $2million house is now worth $3million

[Anonymous No.50291803]

>>50291786
owner inflation is not consumer inflation

[Anonymous No.50291808]

>>50291783
You are suffering from Stockholm Syndrome, sweetheart.
May as well kiss the ring while you are down there.

[Anonymous No.50291845]

>>50291207
Inflation is good if you have lots of fixed-rate debt. $300k mortgage at 3.xx% and inflation is somewhere north of 8%? You now owe 5%+ less! Whether it balances out depends on your other costs.

[Anonymous No.50291860]

>>50291808
That makes no sense whatsoever.

[Anonymous No.50291885]

>>50291612
I've been on /biz/ since the late 90s

[Anonymous No.50291908]

>>50291783
Ye i am the brainlet not you who thinks normal people hold stocks or crypto lmao. Terminally online schizo basement dwelling incel

[Anonymous No.50291909]

>>50291620
How can it inflate without paying me more. That's not inflation then

[Anonymous No.50291921]

>>50291845
Yea, except there’s no way of controlling or predicting inflation once it’s out of control so you could easily end up spending your life savings on necessities and be standing in a breadline after 1 year hyperinflation.

[Anonymous No.50291930]

>>50291908
You are literally making no sense... bruh moment

[Anonymous No.50291938]

>>50291908
>you who thinks normal people hold stocks or crypto lmao
Source for that allegation? Poor people hold nothing, smoothbrain. They live paycheck to paycheck.

[Anonymous No.50292009]

>>50291909
Sometimes I almost feel sorry for the proles. Almost.

[Anonymous No.50292019]

>>50291207
retard. Wages don't keep up with inflation (that's the point)
/thread

[Anonymous No.50292103]

>>50292019
No they should pay me more if prices inflate

[Anonymous No.50292115]

>>50291207
>$1 becomes more than $1
I cannot believe you are this stupid. Inflation is the opposite of what you just wrote you dumbass. $1 becomes worth less than $1 used to be worth. God. So fucking simple. Please never vote.

[Anonymous No.50292238]

>>50292019
>retard. Wages don't keep up with inflation (that's the point)
>/thread
Retard alert. Consumer price appreciation is caused by a lower supply of inputs together with a higher demand for outputs. That means wages have gone up. Rich people don't buy more Tide pods when they get richer, hence they don't contribute to the bidding up of consumer prices.

[Anonymous No.50292245]

>>50292103
>should
They don't, you stupid neophyte. The fact that you don't know this shows you're not even 18

[Anonymous No.50292268]

>>50292238
>Consumer price appreciation is caused by a lower supply of inputs together with a higher demand for outputs. That means wages have gone up.
Holy FUCKING SHIT
You down syndrome retards actually don't understand how inflation works
>you have more buying power. Trust me!
LMFAO

[Anonymous No.50292287]

>>50292245
>They don't, you stupid neophyte.
Imagine being this clueless and retarded.

>>50292268
Ironic.

[Anonymous No.50292310]

>>50291207
>$1 becomes more than $1
Based retard

[Anonymous No.50292323]

>>50292287
This isn't an argument. You're a fucking moron bitch for thinking buying power has been INCREASING LOL. How old are you exactly?

[Anonymous No.50292343]

>>50292323
>for thinking buying power has been INCREASING
Source for that allegation? Are you clinically retarded?

[Anonymous No.50292394]

>>50292323
Lower class Americans/Euros are just mind broken at this point. They think whatever is placed in the slop bucket is gourmet.

[Anonymous No.50292489]

>>50292394
Nice projection, brainlet.

[Anonymous No.50292867]

Let me explain how supply and demand works, for all you brainlets out there.

If Reynolds arbitrarily increases the price of its Wrap, and the nominal demand for the product has not correspondingly increased, they will sell fewer units relative to alternatives. The only way for prices to increase while unit sales remain constant is for nominal demand to increase. The only way nominal demand for Reynolds Wrap increases is the scenario in which wagies to have more money in their pocket to bid up prices. If no one is there to bid up prices, either prices or sale volume must drop.

[Anonymous No.50292891]

>>50291553
retarded theorycel nonsense. poor people are hurt more verifiably because most of their wages to to food and rent, both of which increase in price during inflation. the only positive impact is on their debts being inflated away, but the negatives outweigh the positives.

[Anonymous No.50293037]

>>50292343
>source for the allegations
Here, retardo dumbass bitch:
>That means wages have gone up.
>>50292238
You have a dogshit attention span

[Anonymous No.50293086]

>>50292394
kek literally this. That anon is a fucking idiot
>>50292867
Ya I don't give a fuck. Fact is wages don't keep up with inflation. That's not an opinion.

[Anonymous No.50293100]

>>50291207
AEX Smart Pool with 0.5% APY increase in GAT interest and a 0.2 percent -0.6% increase in interest rates.

[Anonymous No.50293123]

>>50292891
>retarded theorycel nonsense.
I'm not some "economic theory" autist. I'm just reporting the facts.

>poor people are hurt more verifiably because most of their wages to to food and rent, both of which increase in price during inflation.
Let's break it down.

>Food
Food prices can increase due to either supply constraints or wage inflation. The former is not a monetary event but a physical (or geopolitical) event in which physical resources become less available.

>Rent
Rent growth is a decent proxy for income growth. Why would a landlord raise the rent if market demand doesn't support it? Rich people BUY properties all over the world, they don't rent.

[Anonymous No.50293143]

>>50293123
>facts
The fact that you don't understand wages haven't kept up with inflation shows you're underaged or a senile boomer

[Anonymous No.50293234]

>>50291845
Retard, you don't actually owe less and unless your salary is tied directly to the inflation rate (ie, denominated in a more stable currency) then you are in no better position to pay it. The only people who benefit from inflation are the ones who directly receive the "printed money" and are able to leverage it, ie, bankers.

[Anonymous No.50293267]

>>50293037
So you are clinically retarded. You accused me of claiming that:
>buying power has been INCREASING

"Buying power" is real not nominal. The buying power of the dollar declines over time since the rate at which private banks issue loans generally exceeds the rate at which the real economy grows.

>You have a dogshit attention span
Read it again, mongoloid:

>Consumer price appreciation is caused by a lower supply of inputs together with a higher demand for outputs. That means wages have gone up. Rich people don't buy more Tide pods when they get richer, hence they don't contribute to the bidding up of consumer prices.
It's difficult with your 63 IQ but try again. Keep rereading till you get it.

[Anonymous No.50293316]

>>50293143
>The fact that you don't understand wages haven't kept up with inflation
Source for that allegation? Learn to read, big boy.

[Anonymous No.50293374]

>>50293086
>Ya I don't give a fuck
Damn -- get a load of this badass high school dropout!

[Anonymous No.50293408]

>>50293143
>you don't understand wages haven't kept up with inflation
BTW, I do understand that. You don't, because your IQ is sub room temperature. No offense.

[Anonymous No.50293463]

>>50291464
What the fuck did you just fucking do, you little bitch? I'll have you know I graduated top of my class in the shitposting academy and I've been involved in numerous "Ahem, fuck jannies" posts and I've summoned over 9000 succubi. I train gorillas and I'm the top burger flipper in the entire Burger King company. You are nothing to me but just another burger. I will flip you the fuck out with precision the likes of which has never been seen before on this imageboard, mark my fucking words. You think you can get away with writing "test" on the Internet? Think again, fucker. As we speak I am contacting my secret network of faggots across the chans and your IP is being traced right now so you better prepare for the storm, retard. The storm that wipes out the pathetic little thing you call your life. You're fucking dead, kid. I can be anywhere, anytime, and I can turn you into a tasty burger in over seven hundred ways, and that's just with my feet. Not only am I extensively trained in spaghetti dropping, but I have access to all the anime listed on anidb.net and I will use it to its full extent to wipe your miserable ass off the face of the internet, you little shit. If only you could have known what unholy retribution your clever little "test" comment was about to bring down upon you, maybe you would have kept your fat greasy fingers off your keyboard. But you didn't, couldn't, and now you're paying the price, you goddamn idiot. I will get Indians to shit all over you and you will drown in their shit. You're fucking dead, kiddo.

[Anonymous No.50293491]

>>50293267
>"Buying power" is real not nominal. The buying power of the dollar declines over time since the rate at which private banks issue loans generally exceeds the rate at which the real economy grows.
You stupid retarded fuck. You argue semantics instead because you have no leg to stand on.
I am saying the purchasing power people have now is LESS than in the past because it has been in a downtrend. Inflation contributes to this, you FUCKING IDIOT. Literally that simple.

[Anonymous No.50293500]

>>50293463
based
do never test

[Anonymous No.50293519]

>>50293408
My first post was literally highlighting this, you extra chromosome retard. LMAO. Finish your ESL classes and learn to read, retard

[Anonymous No.50293542]

>>50291783
>If you held a lot of cash you wouldn't be poor
It isn't so much the cash in their bank account losing value that hurts poor people. It's the devaluation of their income
>brainlet.

[Anonymous No.50293549]

>>50293316
>Source for that allegation? Learn to read, big boy.
Low IQ faggot. For you (again): >>50293037

[Anonymous No.50293560]

>>50293491
>I am saying the purchasing power people have now is LESS than in the past
WOOOOOOOAAAHHHHH!! DEEP INSIGHT!!!

BTW, I would NEVER judge you for having Down's. As long as you are happy, that's all that matters.

[Anonymous No.50293563]

>>50293549
Like no FUCKING SHIT wages have gone up, but they don't keep up with inflation. Holy fuck that anon is a village idiot

[Anonymous No.50293645]

>>50293560
>WOOOOOOOAAAHHHHH!! DEEP INSIGHT!!!
...do you even know what this thread is about? Retard. OP said inflation is good. I said it was bad. Then you come here starting shit with me saying it's good. You're a midwit. >>50292238
Or maybe you just went full autism mode and wanted to argue semantics instead i which case you're a super retard. And yes inflation is done on purpose. It's not a coincidence that the rich got richer and the poor got poorer in recent years. It's been acting as a wealth transfer.

[Anonymous No.50293712]

>>50293563
>Like no FUCKING SHIT wages have gone up, but they don't keep up with inflation.
Jesus fucking CHRIST, my dude. Yes obviously REAL MEDIAN WAGES have declined since the 1970s. That's not the topic at issue. Check the OP, the topic at issue is INFLATION.

[Anonymous No.50293745]

The problem YOU FROG.
is that everything goes up except for my paycheck

[Anonymous No.50293776]

>>50293645
>OP said inflation is good. I said it was bad.
Yes, OP is right and you are wrong.

>b-but real wages have declined
No shit Sherlock. Do you not understand basic math?

[Anonymous No.50293828]

>>50293776
>Yes, OP is right and you are wrong.
LMAO
>>50293086
>>50292268
Ya these 2 pics aren't real.
When baby boomers had a median age of 35, they owned 21% of all the nation's wealth. Millennials of the same median age? 3%. They literally had 7x of the wealth compared to millennials (with less effort too i.e. not needing a degree for middle class jobs). Population of both generations are about the same so even though it's not a per capita stat, it's the next best thing.

But yes. People now are better off, LMFAO fucking retard.

Also median wages in 2000 were 20,957.18. In 2020 (last time this was updated)? 34,612.04.

Wage Increase of 65%. Did inflation all around only go up by 65%? No, you fucking retard. LOL! But yes. Times are "better". What a retard midwit

[Anonymous No.50293832]

>>50293645
>It's not a coincidence that the rich got richer and the poor got poorer in recent years. It's been acting as a wealth transfer.
No shit.

>b-but inflation
Inflation has absolutely zero to do with the transfer of wealth from wagies to trustfund kids.

[Anonymous No.50293854]

>>50293776
>Do you not understand basic math?
Do you? Dumbass actually thinking inflation is good LMAO

[Anonymous No.50293872]

>>50293712
>Yes obviously REAL MEDIAN WAGES have declined since the 1970s. That's not the topic at issue. Check the OP, the topic at issue is INFLATION.
Yes and why do you think real median wages have decreased? Because inflation has lowered purchasing power you FUCKING MORON

HOLY FUCK

[Anonymous No.50293910]

>>50292245
That's why I'm saying they should you fucking moron did you even read the post before you slerged out lmao?

[Anonymous No.50293976]

>>50293832
>Inflation has absolutely zero to do with the transfer of wealth from wagies to trustfund kids.
It literally makes assets balloon. Common expenses go up, but people exposed in assets benefit. People not exposed in assets get fucked. Then the oligarchs cash out at the top meaning even those in assets get fucked if they don't sell in time.

[Anonymous No.50293994]

>>50293910
>That's why I'm saying they should
Just because they "should" doesn't mean they will, you stupid child.

[Anonymous No.50294013]

>>50293828
>Ya these 2 pics aren't real.
I agree in spirit with what you're trying to communicate with those pics. You just don't get how banking works.

>When baby boomers had a median age of 35, they owned 21% of all the nation's wealth. Millennials of the same median age? 3%. They literally had 7x of the wealth compared to millennials (with less effort too i.e. not needing a degree for middle class jobs). Population of both generations are about the same so even though it's not a per capita stat, it's the next best thing.
Look we agree on the problem. What I'm saying is that constant consumer price inflation is not the culprit.

>But yes. People now are better off, LMFAO fucking retard.
Never said that. I strongly disagree with the statement you attribute to me.

>Also median wages in 2000 were 20,957.18. In 2020 (last time this was updated)? 34,612.04. Wage Increase of 65%. Did inflation all around only go up by 65%? No, you fucking retard. LOL! But yes. Times are "better". What a retard midwit
Where did I say "times are better"? Take a breath and realize the debate is about the causal role of inflation in inducing this mess.

[Anonymous No.50294016]

>>50293976
Also even saying "debt becomes easier to pay" doesn't actually matter when everything else goes up drastically making that benefit into a noting burger

[Anonymous No.50294072]

>>50294013
>constant consumer price inflation is not the culprit.
So gas, rent/homes, and food going up (among other things while wages don't keep up with inflation isn't a problem apparently. Kek

[Anonymous No.50294075]

>>50293872
>Yes and why do you think real median wages have decreased?
Good question. Why can't we discuss this subject rationally without getting all riled up and flinging insults?

>Because inflation has lowered purchasing power you FUCKING MORON
Sorry, but you're wrong. Consider taking a deep breath and conversing rationally on the subject.

[Anonymous No.50294116]

>>50293994
No but they should

[Anonymous No.50294131]

>>50293123
>Rent growth is a decent proxy for income growth. Why would a landlord raise the rent if market demand doesn't support it? Rich people BUY properties all over the world, they don't rent.
This would only work if you rented only to natives. Even down to specific cities.

[Anonymous No.50294170]

>>50294075
>Sorry, but you're wrong.
I'm not. Wages not keeping up with inflation is literally why things become less affordable.
Think about it. If say you make 100 a day and x is 50 dollars but then inflates to 100 dollars while your wage remained the same (or say it went up less than 2x) you WILL in fact have less buying power due to inflation.

[Anonymous No.50294255]

>>50294072
Let's break it down.

>So gas,
Completely manipulated by the Saudis etc

>rent
Tracks wagie income (below the $10k/month level)

>homes [ownership]
Tracks Fed accommodation

>and food
Tracks agricultural output and nominal demand

>among other things while wages don't keep up with inflation isn't a problem apparently. Kek
In the absence of supply shock, wages drive nominal prices for consumer goods. That doesn't mean wages must grow faster than CPI.

[Anonymous No.50294286]

>>50294170
>Wages not keeping up with inflation is literally why things become less affordable.
Do you understand how someone can agree with this statement yet not attribute the cause of the situation to inflation?

[Anonymous No.50294431]

>>50294286
Is there really a way to stay ahead of this inflation?

[Anonymous No.50294436]

>>50294286
No because it is inflation, but you're trying to pretend it's not.

[Anonymous No.50294656]

>ITT: contrarian psueds troll retards by arguing semantics
Inflation is a symptom not a cause. It is also not inherently bad. That's all that undergraduate McFuckwit(s) are trying to say.

I'm not sure whether you're trolling or you're actually retarded, but you faggots need to go back to class please. Especially >>50291553, I'm honestly surprised this level of dimwit is literate at all. The rich have the luxury of adaption, the poor do not, hence much of what they do/buy is inelastic. That is the crux of the problem and what is missing from whatever fucking rich idiot wrote whatever fucking book you just read that rationalizes that phenomenon.

[Anonymous No.50294729]

>>50294656
>Especially >>50291553(You)
How dare you?

>the poor do not, hence much of what they do/buy is inelastic.
No shit. Do you not understand how that fact controls prices?

[Anonymous No.50294777]

>>50294729
>Do you not understand how that fact controls prices
No shit. Do you not understand that's why poor people don't hold a lot of cash and/or bonds?

[Anonymous No.50295034]

>>50294777
A lot of them live from hand to mouth, how do they want to afford those, people that can afford this even have better options to stay profitable.

[Anonymous No.50295206]

>>50295034
Options to beat inflation?

[Anonymous No.50295249]

>>50291207
Idiocracy was a prophecy.

[Anonymous No.50295415]

>>50295206
Yield farming of stables with APY above 8%, this should keep you a few step ahead of inflation, best bet could be leveraging on spool.

[Anonymous No.50295467]

>>50294777
>Do you not understand that's why poor people don't hold a lot of cash and/or bonds?
Is it, possibly, because they are poor?

[Anonymous No.50295597]

>>50295467
Isn't this obvious, for the poor feeding is more important than cash/bonds which i don't think they can beat inflation.

[Anonymous No.50295660]

>>50291207
>88 replies
good job OP

[Anonymous No.50296200]

[Anonymous No.50296592]

>>50295597
>>50296200

[Anonymous No.50297086]

>>50291207
i know right. and if $1 becomes more than $1 then everyone has more than $1 anyway (and everything costs more than $1) but everyone has more so its good too

[Anonymous No.50297104]

>>50291207
Wrong.
$1 = $1

[Anonymous No.50297163]

>>50291207
>crashing the markets by way more than 10 percent to get inflation under some magical target
>all because Jamal has to pay an extra couple of bucks for his fried chicken hookup

Why?

[Anonymous No.50297162]

>>50296592
Nice selfie

[Anonymous No.50297213]

>>50297086
Yea that's what I'm thinking it's kinda like everything equals out

[Anonymous No.50297271]

>>50297163
but everyone has 10% more
>>50297213
yes really
its all just the exact same, but more money. as it would be with less, just with more.

[Anonymous No.50297720]

>>50297213
>everything equals out (so inflation has 0 effect)
Actual brainlet

[Anonymous No.50297738]

>>50297720
Fyi it doesn't equal out. That's the point

[Anonymous No.50297833]

>>50297720
We'll if everything equals out then there's no effect. 1+1=2, just in the same way that 2+2=4. The result is the same. Who cares?

[Anonymous No.50297850]

>>50297833
IT DOESN'T EQUAL OUT

[Anonymous No.50297860]

This is the future of Europe https://www.youtube.com/watch?v=rypKb2F5Taw

[Anonymous No.50297896]

>>50291598
nah, you'll make $1.25 by the time it costs $3

[Anonymous No.50297918]

so just print more money. if it costs $3, then print $2 more and then they can afford it. theres no limit to this

[Anonymous No.50298028]

>>50297918
Get the fuck off this board
I thought this crypto crash would have flooded dumb people from biz by now

[Anonymous No.50298204]

>>50298028
cope

[Anonymous No.50298285]

>>50294116
No, they shouldn't. You don't deserve it.

[Anonymous No.50298369]

>>50297850
It equals out cause it's the same

[Anonymous No.50298409]

>>50298369
Kys troll

[Anonymous No.50298773]

>>50298409
Learn how to do math first dumbfuck

[Anonymous No.50298844]

>>50295467
>Is it, possibly, because they are poor?
Is it, possibly, that you don't understand how you just defeated your own argument you silly, silly man? The poor don't hold cash/bonds because they don't hold anything at all, debt is not alternative an equity like it would be for a rich person.

The poor must also purchase certain commodities at periodic intervals and have no alternative options because their survival depends on it. Thus, they have high exposure to (1) timing, and (2) any factor that impacts commodity purchasing power.

Meanwhile, the rich can just move their cash into whatever asset they please. They also have the option of converting their cash into goods/service contracts now, using more valuable dollars to do so (as opposed a paycheck-to-paycheck poor person who must make the same purchase at a later date with less valuable dollars). Every dollar used on necessary variable costs in such a fashion mitigates the loss incurred on the remainder of the rich person's cash.

Mind you, this is just within the scope of your erroneously limited "hurr durr cash bonds" analysis, which I am keeping to simply so you don't waste time arguing the bounds of the discussion.

So, inflation hurts the poor more. Glad we agree even though you don't understand why.You're a fucking idiot.

[Anonymous No.50298859]

>>50298844
>The poor don't hold cash/bonds because they don't hold anything at all
Nice self-own, retard.

[Anonymous No.50298880]

>>50298859

[Anonymous No.50299268]

this thread is hilarious well done.

[Anonymous No.50299718]

>>50291207
its not the dollar itself, that's reltaively irellevant like you say, the bad part is how inflation relates to the market itself. The backbone of it all is the Fed backing the entire stonk market. When inflation is high, the bond market has to follow (who the fuck would invest in a bond if it doesnt beat inflation?) So when interest rates at the bond level hit 5-10%, mortgage rates are now at 8-15%, and all of the sudden nobody can afford to buy debt on houses/cars anymore, so sales go down etc.

It's all connected to inflation anon.

[Anonymous No.50300012]

>>50291494
It's also good for those who save their money in crypto, real estate and a bunch of other assets. The inflation makes your assets increase in value without having to do any work.
And if I'm holding crypto, I can always use crypto payment without having to convert to fiat. I personally use Utrust for that.

[Anonymous No.50300028]

>>50291553
>t. the ethernal keynsian

[Anonymous No.50300042]

>>50291207
if inflation makes prices go up why are my crypto going down?

[Anonymous No.50300045]

>>50291553
but all memes aside how can someone get so brainwashed to think inflation is good for the poor?

The only people i saw in real life this brainwashed are university keynsian teachers that say this type of shit.

But seriously in real life this crap evaporates the rich debt by making the poor cost of living skyrocket, how can keynsians have a face to openly lie this shit so much.

It's disgusting and collapsing civilization at speeds that shouldn't be possible.

[LebAnon No.50300502]

>>50291207
>t. living in hyperinflation
hell is coming