Nikki Haley drops out

[NeoMetallix]

Um, inflation is rising prices. Which leads to higher wages, which again leads to higher prices, and so on and so forth. It’s a never ending cycle

Prices go up but that isn't what inflation is. Inflation is currency creation in greater proportions than goods and services. Prices rising are merely a symptom of inflation.

And prices are not going up because goods and services are going up in value, they are going up due to the currency you use losing its value.

Inflation isn't something that just happens and can't be controlled. It is literally a policy by the government to pay for things they can't afford. It is legalized counterfeit, which makes it legalized theft.

 

[Nebulous's iconNebulous]

Prices go up but that isn't what inflation is. Inflation is currency creation in greater proportions than goods and services. Prices rising are merely a symptom of inflation.

And prices are not going up because goods and services are going up in value, they are going up due to the currency you use losing its value.

Inflation isn't something that just happens and can't be controlled. It is literally a policy by the government to pay for things they can't afford. It is legalized counterfeit, which makes it legalized theft.

Thankfully my job has been helping us out with the cost of living raises so inflation doesn't seem as bad as it could be (to me at least)

 

[~ True Legend ~]

Prices go up but that isn't what inflation is. Inflation is currency creation in greater proportions than goods and services. Prices rising are merely a symptom of inflation.

And prices are not going up because goods and services are going up in value, they are going up due to the currency you use losing its value.

Inflation isn't something that just happens and can't be controlled. It is literally a policy by the government to pay for things they can't afford. It is legalized counterfeit, which makes it legalized theft.

Oh yea ofc, i guess ppl just aren’t precise in their vocabulary aha.

Actually i define inflation as the value of a currency going down. This inflation causes prices to rise and the government to print money, fuelling further inflation
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Thankfully my job has been helping us out with the cost of living raises so inflation doesn't seem as bad as it could be (to me at least)

Good for you! Most of us been getting 2% raises within the company I work for 😕

 

[Dead2009]

Why not?
I feel like there’s a witch hunt against Biden due to Trump supporters

As opposed to the witch hunt against Trump his entire 4 years in office?

 

[NeoMetallix]

Oh yea ofc, i guess ppl just aren’t precise in their vocabulary aha.

Actually i define inflation as the value of a currency going down. This inflation causes prices to rise and the government to print money, fuelling further inflation
[automerge]1712587848[/automerge]

Good for you! Most of us been getting 2% raises within the company I work for 😕

Yep and 2%, blah. That is the Fed's target inflation rate(no where near of course) but it only takes 36 years at 2% for your currency to lose half its value.