Re:Summers: Inflation Reached 18% in 2022 Using the Governme...
by rafaelero on Sunday April 14, 2024 @09:45AM
(#40030995)
Computers got 99% cheaper, so by your analogy of only considering an arbitrary product, we have actually experienced deflation!
Re:Summers: Inflation Reached 18% in 2022 Using the Governme...
by esoterica on Sunday April 14, 2024 @01:15PM
(#40032621)
Are you seriously insisting that the average product has gone up in price by 850x since 1960 and that gasoline is a huge outlier that has appreciated much much less than everything else?
Re:Summers: Inflation Reached 18% in 2022 Using the Governme...
by dang on Monday April 15, 2024 @01:52PM
(#40043626)
Your account has been breaking the site guidelines repeatedly and we have to ban that sort of account, so if you'd please review https://news.ycombinator.com/newsguidelines.html and stick to the rules from now on (regardless of how wrong anybody else is or you feel they are), we'd appreciate it.
You're running around this thread smugly declaring yourself too smart to fall for the government's lies while failing to spend a few seconds doing the trivial arithmetic that would disprove all of your deeply held beliefs. Which of your other political or economic beliefs will fall apart with a little bit of middle school math?