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Ignore all inflation posts from media because they are retarded. Just do the maths.

submitted by moo to whatever 1 yearApr 14, 2024 01:01:51 ago (+25/-0)     (whatever)

Actual inflation is easy to calculate, because all you have to do is watch the M0 money supply of a country.

For example:

Dec 2019 > Dec 2020 M0 data for the USA showed a 51.9% increase. The official inflation rate was only 1.23%

Clearly bollocks.

Just because I'm reading it already let me do the maths for you lot

2019>2020 = 51.9% actual, 1.23% reported
2020>2021 = 23% actual, 4.7% reported
2021>2022 = -15.4% actual, 8% reported
2022>2023 = 7.8% actual, 4.12% reported

Still need another 49.25% inflation increase for the figures to balance. That's how much they're manipulating the numbers.


9 comments block


[ - ] drstrangergov 2 points 1 yearApr 14, 2024 01:16:52 ago (+2/-0)

silver coin is a steak dinner, a gold coin is a tailored suit.

[ - ] beece 1 point 1 yearApr 14, 2024 10:15:37 ago (+1/-0)

In Thailand, 4 suits and 2 overcoats - tailered, for a gold coin

[ - ] yesiknow 2 points 1 yearApr 14, 2024 01:03:36 ago (+3/-1)

Food is expensive, but cooking from scratch isn't as expensive.

[ - ] Steelerfish 1 point 1 yearApr 14, 2024 09:53:47 ago (+1/-0)

Ignore media.
FTFY

[ - ] 0rion 0 points 1 yearApr 14, 2024 11:56:33 ago (+0/-0)

If everyone did this and stuck with it, people would be a hell of a lot happier.

[ - ] John_doe 1 point 1 yearApr 14, 2024 09:00:22 ago (+1/-0)

Correct but it takes about two years for that to make it to grocery stores.

[ - ] con77 0 points 1 yearApr 14, 2024 12:44:08 ago (+0/-0)

Hey yall! I can watch the Kardashians on my phone!

[ - ] x0x7 0 points 1 yearApr 14, 2024 11:32:29 ago (+0/-0)

I still wouldn't buy gold silver or crypto for another 6 months. There is a tax effect that chills common dollar alternatives. It doesn't hit the same each year but hits harder if there is significant capital gains that year over the year prior. Wait 6 months on those and then buy.

[ - ] RedBarchetta 0 points 1 yearApr 14, 2024 09:23:58 ago (+0/-0)

End of year 19 to 20. Yeah, that seems about right.