The fuck are these people talking about?

[Anonymous No.30066329]

https://www.investing.com/news/economy/feds-daly-calls-for-patience-says-toolow-inflation-costly-2435061

Can someone with an (((Economics))) education tell me exactly what they mean when they say "inflation is low"? Healthcare, education, housing, FOOD, all appreciate at 5% and up year over year, and last year was patently ridiculous with houses and cars both going over 10% nationwide.

What the fuck counts as "inflation" to them? Is it literally just TVs and T-shirts?

[Anonymous No.30066412]

>>30066329
it's whatever they say it is

like with anything else, above all money is whatever they say it is

[Anonymous No.30066599]

>>30066412

That's where I'm leaning. I was hoping someone who was formally taught this bunk could come in and finally break down exactly what they factor into their magical inflation figure. The way I see it our greatest expenses (housing/healthcare/cars) clearly inflate significantly

[Anonymous No.30066610]

I'll explain it in a bit

[Anonymous No.30066660]

>>30066329
tick tock, time is running out, how long can you tell the goyim, "No goy, you're not a money person, you don't understand, the cost of your living going up is good, it means the economy is getter better! So what if you have less money to provide for yourself and your family and we're increasing your taxes, it's part of the solution to these terrible lockdowns that a common cold, not us just attempt to syphon every last bit of wealth from this country before genociding you with hordes of shitskins"

[Anonymous No.30066769]

>>30066329
>Can someone with an (((Economics))) education tell me exactly what they mean when they say "inflation is low"? Healthcare, education, housing, FOOD, all appreciate at 5% and up year over year, and last year was patently ridiculous with houses and cars both going over 10% nationwide.


What they mean is that they are afraid of repeating their mistake from 2008, in that the fed did not do enough fast enough.

The economy ebbs and flows, and they are projecting that the next trough will be greater because of lack of action on their part.

It's

[Anonymous No.30066918]

>>30066329
It means they're gonna print their way out of a debt mega-bubble.

[Anonymous No.30066922]

>>30066610
Right,a longer explanation will have to wait, but in short. The normies can't find out that we don't have GDP growth. So we lie that the inflation is like 0~1%

[Anonymous No.30067026]

>>30066660
>how long can you tell the goyim
Forever because they’re retarded fat feminised cattle

[Anonymous No.30067203]

They're going to keep printing money but instead of inflating away debt it's just going to corporations, Jews, and blacks. That's how they want the American experiment to end.

[Anonymous No.30067372]

>>30066329
>The fuck are these people talking about?
they're an enemy class and this is a self defense situation unironically

[Anonymous No.30068150]

>>30066329
Printing the money does not actually cause the inflation, but spending it does. As soon as people stop sticking this into their savings and spending it all, inflation will probably kick in at much higher rates.

[Anonymous No.30068231]

>>30066329
Inflation numbers are made up by the elite. They can set it to whatever they want. Good luck finding out how they even calculate this shit. The criteria is not transparent or justifiable. They could make inflation -5% if they wanted.

[Anonymous No.30068311]

>>30068231
You have to look at the cost of the milk/eggs only way to truly tell is with hard goods that are consumer with a U basic goods.

[Anonymous No.30068409]

>>30066329
Price going up too fast? Out of the inflation basket it goes

[Anonymous No.30068435]

>>30068311
well in that case inflation is very low

[Anonymous No.30068817]

>>30066329
When inflation is high people spend money faster. This is because things are going to be more expensive later so you want to buy sooner. They need money to move faster because standstills cause gaps or "dry spots" in the flow of money where groups of people lack capitol to live off of. Or thats the idea at least ymmv

[Anonymous No.30068882]

>>30066329
I really hope people are not accepting USD for any hard assets right now.

[Anonymous No.30068898]

>>30066329
It's nowhere close to 5-10%. More like 1-3%.

[Anonymous No.30068935]

>>30068409

This is all I can gather

[Anonymous No.30068942]

>>30066329
>What the fuck counts as "inflation" to them? Is it literally just TVs and T-shirts?
they actually change the metric every year lmao

[Anonymous No.30069021]

>>30068898

Everything got so expensive so quickly last year that it was demonstrable, even smaller things like beer and groceries. The "slowest" stuff was more like 5%, my 6-packs of beer went from $9 to $11, houses in my neighborhood shot up by 20%. The piece of shit car I bought a year earlier had APPRECIATED.

[Anonymous No.30069072]

>>30066599
Cars are going to keep getting cheaper though because it actually follows technology improvements. Healthcare won't get cheaper, it's artificially kept expensive. Same for housing.

[Anonymous No.30069494]

>>30066329
I actually do have such an education.
We measure inflation by tracking an index of prices. These prices are those of a market basket, ie a bunch of shit consumers buy often. It's supposed to include everything everyone buys.
The reason why inflation is low but asset prices are not changing proportionally is because they are taking things out of the market basket over time. So for instance, where CPI used to include rents it does not any longer. It used to include red meat and does not any longer. Also, it's only for urban consumers.
>Food and beverages, housing, apparel, transportation, medical care, recreation, education and communication, and other goods and services). Included within these major groups are various government-charged user fees, such as water and sewerage charges, auto registration fees, and vehicle tolls.
>literally just TVs and T-shirts
They want to include only those things that you consume regularly. If they interpret it as savings, they exclude it; real estate is savings and so are stocks, bonds, etc.

[Anonymous No.30069606]

Fed calculates inflation in the most retarded way possible -basket of goods. “Jimmy will buy 1 iPhone, a tv, and 300 burgers - costing him x”. Then they change the basket very frequently to “calibrate” CPI for a changing basket. I kid you not, they will do things like replace hamburgers above with hot dogs (much cheaper) and say “see inflation is actually low bc even though hamburgers are more expensive, you should now buy hotdogs bc they are cheaper”. They do this to pay out less in inflation adjusted bonds and pensions and also to make it look like they are doing a great job. In reality technology has made a lot of things cheaper but that shouldn’t be counted in inflation. Inflation should measure the purchasing power of goods or services WITH THE SAME INPUTS.

[Anonymous No.30069635]

>they didn't hedge inflation

[Anonymous No.30069706]

>>30069606
This is true. For instance steak is not in the basket and has been replaced with chicken. The rationale is that less people are consuming steak instead of chicken and thus chicken better represents the average consumer. Even though the average consumer does eat red meats. Chicken just so happens to be less expensive... :^)

[Anonymous No.30069754]

>>30069494
>>30069606

How do we profit off of gross levels of deception, arbitrary reasoning and the inflation enslavement of rentoids

[Anonymous No.30069900]

>>30069754
Buy silver.

[Anonymous No.30070132]

>>30069754
Unironically buy anything that isn't USD but is denominated in USD. The money printer will not stop brring because it can't. If monetary base expansion stops, there is a recession, only FRB can't allow that because unemployment is too high and inflation is too low. Understand one thing. They don't care at all about any reservations you may have as long as unemployment is at target, there is no deflation, and there is no hyperinflation. That's really all they give a shit about
So. Those things that are outpacing CPI year after year? Stocks RE bonds etc? Buy them, gtfo the dollar asap.

[Anonymous No.30070165]

>>30066599
As someone with a black belt in dick sucking who also acheived two phd's in cryptocurrency tokenomics. It's a lie spread by the government to reduce panic about hyperinflation. Whatever they say on the news is fake including Biden winning the election. All inflation is up, just go to the market and review prices from a few years back. We are closing in on the endgame of the economy.

[Anonymous No.30070344]

>>30069706
Exactly this. The CPI is nonsense. It amazes me that “academics” and economists eat up fed data as if it’s not meant to manipulate them. Demand Inflation is happening right now but a lot of companies aren’t raising prices for some reason. Instead you now have to wait weeks or months for that new sofa, tv, Xbox, exercise bike, etc. the added cost comes in the form of waiting and checking the store inventory 5 times before you get what your looking for

[Anonymous No.30070393]

>>30068311
I remember 3-4 years ago there was a massive egg over supply, they were selling a dozen eggs for $0.50 for months.

That must have signaled a massive deflationary event, given that eggs and USD are so closely tied together according to the federal government.

[Anonymous No.30070443]

>>30066660
Best fucking movie in the world right there

[Anonymous No.30070510]

>>30070344
every now and then I try to find alternative inflation indicators but the search results are too pozzed.

[Anonymous No.30070592]

>>30070344
>Instead you now have to wait weeks or months for that new sofa, tv, Xbox, exercise bike, etc.
fuck are you talking about

[Anonymous No.30070603]

>>30070132

This feels like how a society reverts right back to feudalism. A top 10% of havers who aggressively hoarded possessions while everyone else got bled out by gradually exorbitant, debilitating living costs.

[Anonymous No.30070714]

>>30066329
Population growth is outpacing inflation.

[Anonymous No.30070726]

>>30070510
Ur take on Shadowstats?

[Anonymous No.30070831]

>>30066329
Every member of the FED has an agreed upon narrative which they speak of, they rarely express their own opinion publicly (i presume it is to avoid making a media-spectacle out of an internal disagreement).

The thing is, they don't meet often enough, so their talking points is always talking about how things where X weeks ago.
give them time, and they will shift their narrative away from straight up gaslighting.

[Anonymous No.30070858]

>>30070726
yeah they're good, but it would be nice if there were more measures elsewhere to back those stats up.

[Anonymous No.30070890]

>>30066769
>It's
IT'S WHAT? A-ANON?

[Anonymous No.30071124]

>>30070344
I was taught by definite chicago school types and among them many contrarians, so I don't see the same blind faith, really we were taught how these values are calculated and why they're fallible. But it doesn't matter very much what the "real" inflation is because monetary policy decisions are more important and are made using the official data.
>>30066599
You can see what makes it up from bls
https://www.bls.gov/cpi/tables/supplemental-files/news-release-table2-202101.xlsx
>https://www.bls.gov/cpi/data.htm
So for example in Food there is Bread, Breakfast cereal, etc.
How they get these prices is to go to an urban supermarket and just find a loaf of bread and take the price.
Notice that relative importance value. It is a weight that determines how much they care about that good in the calculated CPI.

[Anonymous No.30071289]

>>30069072
>Cars are going to keep getting cheaper though
Bullshit, companies will keep adding ridiculous shit like Bluetooth and OnStar, and computer shit with Apple Play.

[Anonymous No.30071294]

A prime example of gaslighting: convincing people that paying more for the same goods and services is good for them.

[Anonymous No.30071359]

>>30070592
if you search economic calendar on google you can see various stats as they're announced. inventories stats show how much shit is sitting in backlog (i.e. shit that was expected to be sold but wasn't) and shows how much people are buying. inventories right now are up, which says consoomers are saving and not spending as much, and sellers have a backlog of shit they're waiting to sell
so i dont think that dude is right, he might have just been trying to buy a graphics card or something which is impossible right now

[Anonymous No.30071371]

>>30071124
I had some good professors too. Economics is surprisingly not as pozzed as most subjects. Work for a bank and the economists there (all PHDs) take fed data as bible. I had to explain to one of them why we shouldn’t use dot charts to forecast rates

[Anonymous No.30071396]

>>30071294
>A prime example of gaslighting: convincing people that paying more for the same goods and services is good for them.


this is all the media does, gaslight.

[Anonymous No.30071410]

>>30071359
thats what im saying. its like he couldn't buy a ps5 at launch and used it as an example. shits in stock everywhere

[Anonymous No.30071547]

>>30071371
>not as pozzed
I'd say it's the last of the social sciences to remain negged, and maybe the most conspicuously conservative paths in modern academia. You will not find a love for socialism and such in western economics

[Anonymous No.30071572]

And it's a good thing

[Anonymous No.30071778]

>>30071572
lol