3 ms·

No. It's not the same thing. At least not in the minds of the masses. The value of your dollar is deflating. And that's because where there used to be X ther

No. It's not the same thing. At least not in the minds of the masses. The value of your dollar is *deflating*. And that's because where there used to be X there are now more of X. A lot more. It's not a conspiracy theory when 99% of the time the narrative is "...it's the Russians and war..." or whatever BS they push and barely passing references to "oh btw The Fed flooded the money supply...again...and has devalued your dollars...effectively raising your taxes". FFS stop with the hyperbole, stop being so naive, and stick to the facts. Please.

dragonwriter 3y ago
> No. It's not the same thing. Yes, “the number of dollars I must give to get a fixed set of goods is larger” is exactly the same thing as “the number of things I can get for a fixed quantity of dollars is smaller”. General price increases and dollars being less are identical. > It's not a conspiracy theory when 99% of the time the narrative is "...it's the Russians and war... It wouldn’t be if that were true 99% of the time, but its not so, as you say: > FFS stop with the hyperbole, stop being so naive, and stick to the facts. Please.
- chiefalchemist 3y ago
  It's not the same thing. Because looking at it from the two different perspectives leads to two different conclusions. So it's The Russians? And The Fed's decisions have nothing to do with it? Come on now. Who aside from the masses is buying that? And instead of tossing around cliches (e.g., conspiracy theories) just stick the facts. There's a narrative in the media and it doesn't mention The Fed. Funny enough, you seem to be championing that narrative. I can see w hy you're confused and lazily playing the cliche card. Good luck with that.
  - dragonwriter 3y ago
    > It's not the same thing. No, again, they are exactly the same. > Because looking at it from the two different perspectives leads to two different conclusions. It doesn't, though. > So it’s The Russians? And The Fed’s decisions have nothing to do with it? How do you get “it’s the Russians” and “the Fed’s decisions have nothing to do with it” from me saying, “Almost everyone (policy makers, media, outside observers) recognizes and openly acknowledges that the recent inflation is largely a stimulus […] overshoot from the extremely sharp but also extremely short, and with an extraordinary rapid bounce back, COVID recession”, again? > Who aside from the masses is buying that? No one is buying or selling the thing you are arguing against. (In fact, the Fed Chair has actually credit the Russian War in Ukraine with contributing to the same demand decline that the Fed is trying to engineer to fight inflation, not with causing inflation. [0]) > And instead of tossing around cliches (e.g., conspiracy theories) just stick the facts. You are the one who has invented a conspiracy of coordinated false messaging that is divorced from the facts. > There’s a narrative in the media and it doesn’t mention The Fed. Where? > Funny enough, you seem to be championing that narrative. That’s defensible if you ignore…the only thing I said about the causes of inflation, and just go on pure fantasy. [0] https://www.federalreserve.gov/newsevents/speech/powell20221130a.htm https://www.federalreserve.gov/newsevents/speech/powell20221...

No. It's not the same thing. At least not in the minds of the masses. The value of your dollar is *deflating*. And that's because where there used to be X ther

dragonwriter 3y ago

> No. It's not the same thing. Yes, “the number of dollars I must give to get a fixed set of goods is larger” is exactly the same thing as “the number of things I can get for a fixed quantity of dollars is smaller”. General price increases and dollars being less are identical. > It's not a conspiracy theory when 99% of the time the narrative is "...it's the Russians and war... It wouldn’t be if that were true 99% of the time, but its not so, as you say: > FFS stop with the hyperbole, stop being so naive, and stick to the facts. Please.

chiefalchemist 3y ago
It's not the same thing. Because looking at it from the two different perspectives leads to two different conclusions. So it's The Russians? And The Fed's decisions have nothing to do with it? Come on now. Who aside from the masses is buying that? And instead of tossing around cliches (e.g., conspiracy theories) just stick the facts. There's a narrative in the media and it doesn't mention The Fed. Funny enough, you seem to be championing that narrative. I can see w hy you're confused and lazily playing the cliche card. Good luck with that.
- dragonwriter 3y ago
  > It's not the same thing. No, again, they are exactly the same. > Because looking at it from the two different perspectives leads to two different conclusions. It doesn't, though. > So it’s The Russians? And The Fed’s decisions have nothing to do with it? How do you get “it’s the Russians” and “the Fed’s decisions have nothing to do with it” from me saying, “Almost everyone (policy makers, media, outside observers) recognizes and openly acknowledges that the recent inflation is largely a stimulus […] overshoot from the extremely sharp but also extremely short, and with an extraordinary rapid bounce back, COVID recession”, again? > Who aside from the masses is buying that? No one is buying or selling the thing you are arguing against. (In fact, the Fed Chair has actually credit the Russian War in Ukraine with contributing to the same demand decline that the Fed is trying to engineer to fight inflation, not with causing inflation. [0]) > And instead of tossing around cliches (e.g., conspiracy theories) just stick the facts. You are the one who has invented a conspiracy of coordinated false messaging that is divorced from the facts. > There’s a narrative in the media and it doesn’t mention The Fed. Where? > Funny enough, you seem to be championing that narrative. That’s defensible if you ignore…the only thing I said about the causes of inflation, and just go on pure fantasy. [0] https://www.federalreserve.gov/newsevents/speech/powell20221130a.htm https://www.federalreserve.gov/newsevents/speech/powell20221...