4 ms·
Inflation is not up 4x in the last 10 years...
by dmoy 5mo ago
Inflation is not up 4x in the last 10 years...
- tardedmeme 5mo agoDepends what you measure. I already said it hasn't been affecting wages or consumer goods and that's weird.
- dmoy 5mo agoVery, very few things even in isolation have inflated 4x in the last 10 years. But as for this > why is all the money printing remaining in the rich person's realm instead of trickling down? Always has been, it's kinda one of the defining features of capitalism
- tardedmeme 5mo ago> Very, very few things even in isolation have inflated 4x in the last 10 years. The assets in the S&P 500 have, that's what was brought up.
- dmoy 5mo agoRight, but that's a separate thing from inflation, so I don't think you can describe it as "that's just inflation".
- tardedmeme 5mo agoPrices going higher is the definition of inflation.
- dmoy 5mo agoPrices of stocks going higher is not the definition of inflation, no.