jerhenderson
Well-known member
- First Name
- Jeremy
- Joined
- Feb 20, 2020
- Threads
- 13
- Messages
- 2,556
- Reaction score
- 3,999
- Location
- Prince George BC
- Vehicles
- Cybertruck
- Occupation
- Correctional Officer
you're 100% right.... the inflation subject is being grossly and inaccurately reported. To use round numbers, a 6% increase of a very low historical 1.5% is not an inflation rate of 7.5%.....You know what all of these have in common? They're all 'if we had the price increases for all the months in the year equal to what we saw in November, inflation would be 6.8%'. You know what we didn't see? That level of price increases for twelve months.
So no, inflation isn't '6.8%'. Annualized BS.
Inflation is targeted at 2%. That's so there's room to grow and hand out loans and bonds without weird math problems. You know what we've mostly not hit? That 2% target. So even a year of 10% inflation (which we didn't have) wouldn't make up for twenty years of missing that 2% target by half a percent.
Do you think Tesla didn't add inflation into their calculations when they offered us prices two years ago?
I'm not saying inflation doesn't exist. Just that it's clearly not the inflation you think it is.
Tesla pre-selling every car it can at a higher price means there's more revenue headroom to sell our trucks to us at the price they promised.
-Crissa
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