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<p>[QUOTE="norantyki, post: 7532427, member: 118879"][USER=116145]@MIGuy[/USER] - I am trained at the university level in the history of economics (among other things) I am sorry, you do not understand inflation or its implications. You can basically reverse what you have just written to get a more accurate depiction of the impacts of inflation - which, by the way, paired with healthy growth and in moderation is a good thing that keeps the whole system turning over.</p><p><br /></p><p>Also, I have no clue where your 1.25% figure comes from, unless that 'basket' is chock a block full of flat screen TVs and cars. Real inflation in most 'Western' countries is running around 4-4.5% these days, which, paired with a COVID hampered economy, is definitely way too high. This without mentioning the fact that the giant print runs of FIAT currency have yet to really be felt (typical lag is 6mo-1yr)[/QUOTE]</p><p><br /></p>
[QUOTE="norantyki, post: 7532427, member: 118879"][USER=116145]@MIGuy[/USER] - I am trained at the university level in the history of economics (among other things) I am sorry, you do not understand inflation or its implications. You can basically reverse what you have just written to get a more accurate depiction of the impacts of inflation - which, by the way, paired with healthy growth and in moderation is a good thing that keeps the whole system turning over. Also, I have no clue where your 1.25% figure comes from, unless that 'basket' is chock a block full of flat screen TVs and cars. Real inflation in most 'Western' countries is running around 4-4.5% these days, which, paired with a COVID hampered economy, is definitely way too high. This without mentioning the fact that the giant print runs of FIAT currency have yet to really be felt (typical lag is 6mo-1yr)[/QUOTE]
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