JBee
Well-known member
- First Name
- JB
- Joined
- Nov 22, 2019
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- Australia
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- Cybertruck
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- . Professional Hobbyist
Inflation is compounding though, so you have to add lasts year inflation, and the year before etc, to this years rate. Even if you had negative this year, total inflation could still be rising depending from what point in time you started measuring from. Like compounding interest.No. You're wrong. One month is not a measure of overall inflation.
Flatly, your evidence says you're wrong.
What happened last year? Recession. That means, to get back to the value that was lost you need inflation.
What happened in 1992? Recovery from a recession.
What happened in May? Recovery from recession.
So. You're taking a point out of context, which makes you wrong.
-Crissa
https://jabberwocking.com/chart-of-...ation-is-up-4-2-real-inflation-is-up-about-3/
(The line in this graph is supposed to rise, because population increases. It can only decline if population declines.)
https://jabberwocking.com/theres-still-no-real-sign-of-inflation-in-the-future/
(The top line in this graph is dropping because there is no increasing inflation over a longer period.)
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