It is too complex for him and Concarty.
She's finished.......
- Thread starter Stone
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"When the fuck did we start doing inflation an a CUMULATIVE basis?"
Inflation increases or decreases daily, monthly. annually...The nearly four (4) year cumulative increase since Biden/Harris took office is nearly 20%.
That means that the items that most Americans buy...gas, groceries, homes, auto insurance, home insurance etc. have increased in cost by nearly 20%.
The cumulative increase or decrease is what affects Americans.
See Spot run.
Inflation increases or decreases daily, monthly. annually...The nearly four (4) year cumulative increase since Biden/Harris took office is nearly 20%.
That means that the items that most Americans buy...gas, groceries, homes, auto insurance, home insurance etc. have increased in cost by nearly 20%.
The cumulative increase or decrease is what affects Americans.
See Spot run.
Don't expect him to understand profit margin.
He still does not understand that inflation accumulates.
Your post is complete bullshit. A sixth grade student could destroy your argument. Inflation never decreases annually. It has happened once in the last 100 years (1939) Deflation is a disaster for the economy. Prices under Ronald Reagan increased over 30%.
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Well golly gee, Concarty, you posted that inflation never decreases annually and then posted that it did.
See, if you had completed your Primary Education, you wouldn't make a stupid, uneducated mistake like that one.
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Retired Teacher
Did he really do that? He's a bigger idiot than I thought....
You lied, Concarty:
"Inflation never decreases annually."
"There have been several deflationary periods in U.S. history including from 1815 and 1860 and again between 1865 to 1900. One of the most dramatic deflationary periods in U.S. history took place between 1930 and 1933 during the Great Depression."
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Were There Any Periods of Major Deflation in U.S. History?
Learn about major periods of price deflation in the United States, particularly in the 19th century, when falling prices accompanied rising output.
From the same link:
"Deflation is a decrease in the general price level of goods and services. It's the opposite of inflation which occurs when the cost of goods and services is rising."
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Indeed!
You lied, Concarty:
" Inflation never decreases annually."
"There have been several deflationary periods in U.S. history including from 1815 and 1860 and again between 1865 to 1900. One of the most dramatic deflationary periods in U.S. history took place between 1930 and 1933 during the Great Depression."
Were There Any Periods of Major Deflation in U.S. History?
Learn about major periods of price deflation in the United States, particularly in the 19th century, when falling prices accompanied rising output.www.investopedia.com
From the same link:
"Deflation is a decrease in the general price level of goods and services. It's the opposite of inflation which occurs when the cost of goods and services is rising."
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I said once in the last 100 years. I stand corrected. The Great Depression. So it has happened exactly zero times in the last 75 years. Better? I don't give a fuck about the 19th century. Your attempt at obfuscation is an utter fail.
Wages have grown faster than inflation since May of 2023, over a year. So Americans buying power has INCREASED over the last year. Thank you President Biden and Vice President Harris.
So nothing about the massive inflation under Reagan? Didn't think so.
Well, no, Concarty...your exact post..."Inflation never decreases annually."
That's a lie and you do stand corrected...by me.
You're welcome, I am pleased as punch that I was able to educate you.
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Indeed!
I said that it could reasonably be argued that one of the sentences was a fragment. I stand by that.
Actually, fragment sentences are used all the time...and often are productive. But one thing a fragment sentence is...is a sentence.
Your run on sentence, with what is possibly a fragment, was a sentence that was poorly constructed and poorly punctuated. It WAS a sentence even if it was one that looked to be written by a moron.
That is so cute. I bet the other inmates think you are very clever.
From April 2021 til Jan. 2023, inflation was higher than wages...the "cumulative effect" dummy.