Hey, leftist trolls, inflation IS A TAX!

[Liberty]

You want to tax more, but you don't even realize that inflation is a tax. If the economy only had 1 dollar and the fed printed 100 more dollars...GUESS WHAT? Your dollar is worth less! It's a hidden tax. They are stealing from you...why do you support such tyranny?

 

[konradv]

Yeah, but if you have fixed debt, it's a Godsend.

 

[8537]

Well then it's a darn good thing inflation is so low.

 

[Liberty]

Well then it's a darn good thing inflation is so low.

Thanks for the laugh. the dollar is worth 40% less than it was 10 years ago and wages are stagnate. Yeah, good job federal reserve. Really "low" inflation, indeed!

Where do these trolls come from?

 

[Soggy in NOLA]

Well then it's a darn good thing inflation is so low.

Inflation isn't low..... bought any groceries lately? Seen the price of energy?

 

[Soggy in NOLA]

Well then it's a darn good thing inflation is so low.

Thanks for the laugh. the dollar is worth 40% less than it was 10 years ago and wages are stagnate. Yeah, good job federal reserve. Really "low" inflation, indeed!

Where do these trolls come from?

He probably still lives with Mommy so all he knows is he can still eat off the dollar menu at Micky D's with change from his ashtray.

 

[jillian]

Well then it's a darn good thing inflation is so low.

they barely have a passing relationship with reality.

 

[Mad Scientist]

Well then it's a darn good thing inflation is so low.

Thanks for the laugh. the dollar is worth 40% less than it was 10 years ago and wages are stagnate. Yeah, good job federal reserve. Really "low" inflation, indeed!

Where do these trolls come from?

It's also worth 95% less since the Fed took over in 1913!
Almost A Total Dollar Devaluation By The Fed | International Forecaster Weekly Bob Chapman The International Forcaster | Economy News | Investing | US Market Information | Gold | Silver | Wall Street Bailouts | Investment Trends | Money Resources | U

 

[ladyliberal]

Inflation is not a tax. It does have effects that are similar to a tax, but it also has effects similar to spending cuts. For instance, future government obligations without automatic COLAs are reduced in real terms under inflation.

 

[Liberty]

Inflation is not a tax. It does have effects that are similar to a tax, but it also has effects similar to spending cuts. For instance, future government obligations without automatic COLAs are reduced in real terms under inflation.

exactly. its a way for government to enrich themselves, pay down their debt, while fucking over the people. something you liberals love to do.

 

[8537]

Well then it's a darn good thing inflation is so low.

Thanks for the laugh. the dollar is worth 40% less than it was 10 years ago and wages are stagnate. Yeah, good job federal reserve. Really "low" inflation, indeed!

Where do these trolls come from?

inflation is a measure of the aggregate price level of a selection of consumer goods. It has been flat over the past three years.

That's nothing to laugh about. It's a fact.

 

[8537]

Well then it's a darn good thing inflation is so low.

Inflation isn't low..... bought any groceries lately? Seen the price of energy?

Your anecdotal evidence about groceries is a bit less persuasive than a decades-old, nationwide system that tracks a wide variety of consumer goods and services on a monthly basis.

According to that calculation, inflation is low.

 

[Soggy in NOLA]

Well then it's a darn good thing inflation is so low.

Inflation isn't low..... bought any groceries lately? Seen the price of energy?

Your anecdotal evidence about groceries is a bit less persuasive than a decades-old, nationwide system that tracks a wide variety of consumer goods and services on a monthly basis.

According to that calculation, inflation is low.

And totally inaccurate.

 

[editec]

You want to tax more, but you don't even realize that inflation is a tax. If the economy only had 1 dollar and the fed printed 100 more dollars...GUESS WHAT? Your dollar is worth less! It's a hidden tax. They are stealing from you...why do you support such tyranny?

Inflation is ONLY a tax on those with their worth as money or those with a FIXED (but unCOLA'd) incomes, Liberty.

Inflation is actually the DEBTORS' friend if their debts are computed at a FIXED RATE.

 

[Truthseeker420]

You want to tax more, but you don't even realize that inflation is a tax. If the economy only had 1 dollar and the fed printed 100 more dollars...GUESS WHAT? Your dollar is worth less! It's a hidden tax. They are stealing from you...why do you support such tyranny?

only to those who hold money. In a free market economy wages would go up also, bit in the price and wage fixed corporate oligarchy we live in prices are fixed as high as they can be and wages are fixed as low as they can be.

 

[KissMy]

Inflation is only a tax on private sector citizens who have money that is not in a government pension that has a tax payer funded COLA. It is a windfall for those who are in debt or have nothing to lose. This is why leftist love to print money.

 

[8537]

Inflation isn't low..... bought any groceries lately? Seen the price of energy?

Your anecdotal evidence about groceries is a bit less persuasive than a decades-old, nationwide system that tracks a wide variety of consumer goods and services on a monthly basis.

According to that calculation, inflation is low.

And totally inaccurate.

How did you arrive at the conclusion that it's "totally inaccurate"? What part of the methodology do you find lacking?

 

[Moonglow]

You want to tax more, but you don't even realize that inflation is a tax. If the economy only had 1 dollar and the fed printed 100 more dollars...GUESS WHAT? Your dollar is worth less! It's a hidden tax. They are stealing from you...why do you support such tyranny?

were u born yesterday?

 

[Inthemiddle]

"Hey you liberal trolls" means this thread was started by a troll. Nothing to see here, move along folks.

 

[Soggy in NOLA]

Your anecdotal evidence about groceries is a bit less persuasive than a decades-old, nationwide system that tracks a wide variety of consumer goods and services on a monthly basis.

According to that calculation, inflation is low.

And totally inaccurate.

How did you arrive at the conclusion that it's "totally inaccurate"? What part of the methodology do you find lacking?

Over the years, the methodology used to calculate the CPI has also undergone numerous revisions. According to the BLS, the changes removed biases that caused the CPI to overstate the inflation rate. The new methodology takes into account changes in the quality of goods and substitution. Substitution, the change in purchases by consumers in response to price changes, changes the relative weighting of the goods in the basket. The overall result tends to be a lower CPI. However, critics view the methodological changes and the switch from a COGI to a COLI focus as a purposeful manipulation that allows the U.S. government to report a lower CPI.

If the BLS reports inflation at 3%, you can bet it is probably closer to 10%.