Re:Former President Trump is projected to win the presidency
by FrustratedMonky on Wednesday November 06, 2024 @05:21PM
(#42070429)
That is needlessly pedantic.
You said Inflation was Money Supply, I said it was the cost of what you are buying. YES, technically it is the "change" in the cost of what you are buying. Congratulations. I assumed that was understood.
Percentages.
Nothing is exact. There are ranges, and really more than 3 factors. I was going off memory.
Congratulations again on your discernment.
More ball park:
""
While pinpointing exact percentages for each contributing factor to inflation is complex and can vary significantly depending on the economic context, a breakdown of major contributors could include: high demand for goods and services (30-40%), supply chain disruptions (20-30%), labor cost increases (15-25%), rising energy prices (10-15%), government spending (5-10%), and currency devaluation (5-10%); however, these percentages should be interpreted as a general guide and not a definitive breakdown"
The point is, it is not Biden's spending, that is just another misleading right wing talking point. (lie)
You said Inflation was Money Supply, I said it was the cost of what you are buying. YES, technically it is the "change" in the cost of what you are buying. Congratulations. I assumed that was understood.
Percentages.
Nothing is exact. There are ranges, and really more than 3 factors. I was going off memory. Congratulations again on your discernment.
More ball park:
"" While pinpointing exact percentages for each contributing factor to inflation is complex and can vary significantly depending on the economic context, a breakdown of major contributors could include: high demand for goods and services (30-40%), supply chain disruptions (20-30%), labor cost increases (15-25%), rising energy prices (10-15%), government spending (5-10%), and currency devaluation (5-10%); however, these percentages should be interpreted as a general guide and not a definitive breakdown"
The point is, it is not Biden's spending, that is just another misleading right wing talking point. (lie)