/biz/ - Business & Finance

>>50834191
Child porn index

>>50834205

>>50834191
CPI - consumer price index.

An index is a mathematical system in which you set a "control" year, and assign it 100 "points". Then, as whatever value the index is supposed to track increases/decreases, the index follows suit. For example:
Yr 0: $1,000,000 avg/house - Index 100
Yr 1: $1,100,000 avg/house - Index 110
Yr 2: $1,110,000 avg/house - Index 111

Because of this, you can compare any year you have the index number for directly (%) to the indexed year.

So, the Consumer Price Index simply indexes a mixture of things consumers buy. Think an ETF, but balanced between butter, milk, tomatoes, phones, etc.

>>50834323
>explain to me like the retard

>>50834323
you left out the part where the government games the way it's calculated constantly to fit the narrative. Basically it's a lie OP look around you is shit more expensive -> bad number go down no matter what cpi is.

Sleepy eye is when you first wake up and it is hard to open your droopy eyelids or see very well for a couple minutes

>>50834191
You know when mommy brings home the funko pops you order with your allowance? Well if CPI goes up mommy can't buy as many funko pops.

CPI is government's official inflation number master-crafted to lie to the American people about inflation, ie. Weight it with too much bullshit like new flat screen TVs but hardly any stuff that actually matter to regular people like rent, gas, and food prices so they can say inflation is actually not that bad

>>50834461
thank you fren now i understand

>>50834461
THANK YOU

>>50834356
you are beyond hope, that was such a clear explanation, I didn't know what it was and after reading that I understand it.

>>50834323
Thanks, now explain ETF polease

>>50834949
ETF is when you think funko pops will moon but don't know exactly which funkos will moon hardest
the ETF invests in a basket of funkos so you have a safer return than if you gambled on the wrong funkos and missed out
this also means they'll have some funkos that will moon below average, basically you're trading some moonshots for more stability

>>50834191
year over year increase in prices
its bullshit because they changed the formula, but if we convince each other the number is going down then stocks go up

>>50835010
thanks bro appreciate it, u have a gift of explaining things, should do something with it

>>50835010
Can you name examples of ETFs in crypto?

>>50834461
kek

>>50834323
This is great thank you

I never understood how inflation is bad (all my property and goods increase in value) and deflattion is good (all my goods lose value and i become poorer). Surely we WANT our goods to be worth more, no?

>>50836589
Just because something is worth more in fiat terms doesn't mean you are getting ahead. See hyperinflation in Weimar Germany as an extreme example.

>>50834464
so more jewish chaos to have better control over goyim and rob it of their shekels to have even more control over the goyim to rob them even more of their shekels and get even more control over the goyim to rob them even more of their shekels

>>50835720
>>50835720
Greyscale, vaneck, valkyrie, bitwise, there's fuckin loads.
I don't know why you aren't capable of using search engines.

>>50834323
Thank you but explain how the percentage is drawn. Is it the difference between the control year and the current CPI?

>>50836589
the increase in real value is only a tiny percentage of the raw number of dollarydoos thing go up, anon
it only benefits a tiny minority of mega asset holders

>>50836589
things shouldn't necessarily increase in value just for existing. Homes gradually wear down and require more and more repairs, which most homeowners don't do. Cars break down and need constant repairs. Works of art are only valuable to collectors and even then it's arguable if wealthy collectors want art for the art or for the money laundering/tax write-off potential.

Additionally, if everything is "appreciating" in value because of inflation, and yet no one is making more money to keep up, that just means the very small pool of potential buyers dwindles and those with enough money get to benefit the most by forcing idiots to compete to sell their "valuable" property and goods at lower prices.

>>50836589
Outside of real estate, an asset declines in value over time. Cars. Bread. You won't be able to sell either for their original but price second hand. With inflation, you will, however, have to spend more than you did last time when you buy new car or bread. Your wage won't have matched inflation and you'll be poorer.

Housing just always goes up because of magic and border hopping niggers.

>>50834949
An etf is stock in a project where the project is "turning around and investing the money you gave me into the stock market." Because the ETF has many people's money pooled together it can invest in a large number of companies.
Your stake in the project means that you own [your investment/total money in project] % of each company stock holding the project has.

>>50837831
The percentage that everyone was looking at today compares the last twelve months. So in June they compared June of this year to June last year, July this year to July last year, etc.

>>50834323
So yr 1 has a 10% cpi
And yr 2 a 1% cpi?

>>50834191
uma delicia

>>50834191
You go to shop and pick some stuff up
Record what you bought and how much it cost
Every year go and buy the same things and record how much did they cost
There. You now have an "index"

its a bullshit poopoo fake number that they remove items from when they start to get expensive. they're running out of things to take out though

Whats the ticker name for CPI

Gee I wish cpi was useful