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slothrop
Joined: 03 Feb 2003
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 Posted: Mon Dec 15, 2014 8:31 am Post subject: |
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Last edited by slothrop on Sun Jan 11, 2015 5:06 am; edited 1 time in total |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Dec 15, 2014 8:58 am Post subject: |
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| slothrop wrote: |
| i pointed out to you that the US government keeps changing the way they calculate inflation to make it seem lower than it really is and you called me a conspiracy theorist. |
Did it ever occur to you the calculation changes would be an attempt to get a more accurate figure (not a conspiracy on the part of the NWO Bilderbergs)? The U.S. is a huge economy. It is transparent. It is mind boggling to listen to (college educated) people insist the "real" inflation rate is 10% a year. If that were true, why would banks be loaning money at a rate less than that? (I pointed that out to Weigookin74, and he still didn't believe me.) Watch this; you'll learn something new:
https://www.youtube.com/watch?v=rXoTX1sP-jo |
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slothrop
Joined: 03 Feb 2003
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| Posted: Mon Dec 15, 2014 9:11 am Post subject: |
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Last edited by slothrop on Sun Jan 11, 2015 5:05 am; edited 1 time in total |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Dec 15, 2014 9:32 am Post subject: |
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| slothrop wrote: |
| i never said the US government's changing the way they calculate the rate ifinflation is a conspiracy by the NWO. it's just what lying self servng corrupt politicians do to stay in power. |
So politicians get together and conspire to put out a fake inflation number? How could they do that? They are not the ones collecting the data.
Dude, I live in the U.S. I can see prices with my own eyes. They are less than before (except for magazines and newspapers, which went up significantly). Gas is lower, home prices are lower, food is the same as I remember before.
Some people think everything is terrible, which is not true.
Here's an example:
American debt delinquency hits 40-year low
http://finance.yahoo.com/news/consumers-are-paying-their-bills-despite-loosening-credit-standards--aba-185446326.html
Sometimes there is more to the picture than one would think.
A person can see stats showing more Americans are on food stamps and conclude the American economy is horrible. BUT what they don't realize is that's more a product of more people becoming eligible due to changes in governmental law (combined with increased awareness and a decrease in stigma/decrease in a sense of shame for taking government benefits).
One can see a slight decrease in inflation adjusted median household income and conclude the economy is bad. BUT households are becoming smaller as more people avoid marriage. Of course that will pull the average down. See how that works?
Economics are extremely complex. Data can be put forth/interpreted in misleading ways.
Some people think they know everything when in fact they have a very superficial understanding of the situation.
It's better to be humble, open minded, and approach problems from a variety of angles. |
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Plain Meaning
Joined: 18 Oct 2014
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joelove
Joined: 12 May 2011
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