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!
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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?