Page 7 of 13 FirstFirst ... 56789 ... LastLast
Results 61 to 70 of 123

Thread: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

  1. #61
    Sage
    Dezaad's Avatar
    Join Date
    Feb 2005
    Last Seen
    06-28-15 @ 10:43 AM
    Gender
    Lean
    Very Liberal
    Posts
    5,058
    Blog Entries
    1

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Captain Adverse View Post
    Why would the business community squawk when the figures make it seem like business as usual, i.e. no real inflation here, your money's still good. Nothing to see move along move along....LOL

    The funny thing is I SEE what the prices of goods and services are and how they are increasing while my wages are not. I see the fact it's not worth saving money when the best interest rate I can get is .3% but more likely .1% when I used to get 7.5% back before we went to this "valueless currency."

    All your stupid charts and graphs are only fooling people who choose to be fooled. It's like the Emperor's New Clothes, really invisible but everyone pretends it's a wonderful outfit.

    Businesses would squawk because this is their own money you think is being devalued, and they need to be able to make decisions about future plans based on real inflation, not cooked inflation. Believe it or not, sometimes the consumer participant and the business participant have interests which do align. Think for yourself: If you were in business, wouldn't YOU want to know what the real inflation rate was?

    These numbers are developed primarily for business consumption for decision making. There is no business interest (except in isolated cases) that is served by cooked economics statistics, because it would lead to bad decision making.
    You can never be safe from a government that can keep you completely safe from each other and the world. You must choose.

  2. #62
    Dungeon Master
    Hooter Babe

    DiAnna's Avatar
    Join Date
    Sep 2008
    Location
    Northern California
    Last Seen
    @
    Gender
    Lean
    Independent
    Posts
    32,590
    Blog Entries
    1

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Actually, I have noticed this practice as being rampant over the years, and yeah, it bugs me. Hell, I can remember when a 1-lb can of coffee actually weighed one pound!

  3. #63
    Sage
    Guy Incognito's Avatar
    Join Date
    May 2010
    Last Seen
    12-02-17 @ 07:43 PM
    Gender
    Lean
    Libertarian
    Posts
    11,216

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by pinqy View Post
    Yes...of course. When the Economic Assistant goes out to collect the prices, s/he has a list in detail of exactly what is supposed to be priced. If there are any changes in size/composition/features etc, those are noted and the commodities analyst in DC will adjust the price changes. For something like wood to particle board or metal to plastic, they would call those non-substitutes, because they're nowhere near close.
    Your blind faith is astonishing.

  4. #64
    Guru
    pinqy's Avatar
    Join Date
    Dec 2012
    Location
    Northern Virginia
    Last Seen
    Today @ 04:50 PM
    Gender
    Lean
    Centrist
    Posts
    4,369

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Guy Incognito View Post
    Your blind faith is astonishing.
    Ummm, how is knowledge of procedure "blind faith?" What are you claiming is done and what's your evidence?
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

  5. #65
    Renaissance Man
    Captain Adverse's Avatar
    Join Date
    Jun 2013
    Location
    Mid-West USA
    Last Seen
    Today @ 10:21 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    8,545
    Blog Entries
    1

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    All this b/s talk of CPI showing no or low inflation...let me counter with this video I found on another thread. It is an inteview with Ron Paul regarding how the dollor is going to crash. Only the first five minutes concern economic issues so that's the most you need to watch.



    Now I've broken with Mr. Paul due to his stance on abortion, but in many other areas like the economy I agree with him. In this case facts are facts; unlimited printing of money with no intrinsic value automatically causes inflation. The much vaunted CPI is a skewed view, government propaganda supported by political economists which does not take in and address real issues of inflation.
    Last edited by Captain Adverse; 07-28-13 at 04:37 AM.
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

  6. #66
    Sage
    Visbek's Avatar
    Join Date
    Nov 2011
    Last Seen
    Today @ 06:02 PM
    Lean
    Other
    Posts
    9,980

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Captain Adverse View Post
    All this b/s talk of CPI showing no or low inflation...let me counter with this video I found on another thread. It is an inteview with Ron Paul regarding how the dollor is going to crash...
    Yes, facts are facts. And the fact is that Paul is wrong.

    1) Gold prices have, in fact, declined since he did that interview.
    2) He's wrong that "all paper currencies collapse."
    3) The economy hasn't suffered because we're off the gold standard. What's happened is that we no longer have bank panics or deflations.
    4) The idea that the value of the dollar has "collapsed" since 1913 is a total failure to understand basic economics, as well as the history of consumer wages and purchasing power. To put it mildly, even a poor person today has dozens of conveniences that were unimaginable in 1913.

    If he was right, we'd be in a hyperinflation right now. He fails to understand that we are still in a liquidity trap, and that gold has no intrinsic value.

    And really, pointing to Ron Paul and/or Alex Jones does not bolster your cause, in fact it shows that you don't have a good understanding of economics.

  7. #67
    Renaissance Man
    Captain Adverse's Avatar
    Join Date
    Jun 2013
    Location
    Mid-West USA
    Last Seen
    Today @ 10:21 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    8,545
    Blog Entries
    1

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Visbek View Post
    Yes, facts are facts. And the fact is that Paul is wrong.

    1) Gold prices have, in fact, declined since he did that interview.
    2) He's wrong that "all paper currencies collapse."
    3) The economy hasn't suffered because we're off the gold standard. What's happened is that we no longer have bank panics or deflations.
    4) The idea that the value of the dollar has "collapsed" since 1913 is a total failure to understand basic economics, as well as the history of consumer wages and purchasing power. To put it mildly, even a poor person today has dozens of conveniences that were unimaginable in 1913.

    If he was right, we'd be in a hyperinflation right now. He fails to understand that we are still in a liquidity trap, and that gold has no intrinsic value.

    And really, pointing to Ron Paul and/or Alex Jones does not bolster your cause, in fact it shows that you don't have a good understanding of economics.
    It shows I don't have a good understanding of your brand of b/s economics. The term voodoo economics should really refer to voodoo economists who seem to think people cannot see how much less they can buy with their money, and how little in interest they get when trying to save.

    You can spout all the mumbo jumbo you wish; I SEE my dollar buying less and less. It's like you are saying "Watch my hands as I dazzle you with B/S, Don't pay attention to the reality behind the curtain."

    Do you take the public for utter fools? Do you think we are going to ignore the real world examples of inflation that we endure every day just because you TELL us it isn't so? Geez.
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

  8. #68
    Sage
    Visbek's Avatar
    Join Date
    Nov 2011
    Last Seen
    Today @ 06:02 PM
    Lean
    Other
    Posts
    9,980

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Captain Adverse View Post
    You can spout all the mumbo jumbo you wish; I SEE my dollar buying less and less.
    Then you're looking in the wrong place(s).

    The simple fact is that with an annual inflation rate of 3.5%, prices still double every 20 years. So do wages.

    The simple fact is that prices for goods have gone down for years, mostly due to outsourcing, price pressure and increased efficiencies extending from design to manufacture to retail.

    You aren't out there calculating prices and package sizes on thousands of consumer goods, fuel, housing and so forth. You're taking your own subjective impressions and mapping them onto a misunderstanding of how economies work.


    Do you take the public for utter fools?
    No. It's that I know how people take positive changes for granted, and pay more attention to negatives. (e.g. Negativity bias - Wikipedia, the free encyclopedia)

    I also recognize that who doesn't know what they're talking about, and discusses it on a national media outfit anyway, primarily to further their own agenda, to be someone you should ignore.

  9. #69
    Renaissance Man
    Captain Adverse's Avatar
    Join Date
    Jun 2013
    Location
    Mid-West USA
    Last Seen
    Today @ 10:21 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    8,545
    Blog Entries
    1

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Visbek View Post
    Then you're looking in the wrong place(s).

    The simple fact is that with an annual inflation rate of 3.5%, prices still double every 20 years. So do wages.
    I don't think so. That's just justification for permanent inflation, which would not be so prevelent if our currency wasn't issued by fiat.

    The only way to eliminate inflation is to reduce the amount of money available in a society’s economy. Less money causes consumers to focus on how they spend and what they spend money on. It instills a hierarchy of need in the minds of every consumer. I have a limited amount of money, what do I need, and then what wants can I afford after meeting my needs.

    This also drives consumers to think of long-term spending goals, which increases saving efforts. Savings provides money for banks to lend to businesses for expansion and development, and to encourage access to more capital to lend from savings accounts banks offer higher interests rates.

    Companies competing for consumer dollars offer better services and lower prices to offset competition. Aside from establishing a minimum wage to insure sufficient earnings to pay for necessities, there is no great need to make across-the-board wage increases that are not tied to an individual worker’s demonstrated productivity.

    For the same reason that consumer prices will balance, business costs will drop and then balance as raw material suppliers compete for corporate dollars.

    Fiat money is worthless, and because it can be printed at will inflation surely accrues. Inevitably, at some point people lose faith in this process. Tying it to a recognized commodity which has intrinsic worth means that the amounts printed are limited and can always be depended upon as having some relative intrinsic value. Inflation would be highly limited in fluctuating up an down under this system, as it would depend on actual levels of the commodity on which it is based. The only people who don't benefit are investment banks who can't juggle so much fiat money in attempts to lay claim to real property that provides their capital assets.

    As for your claim that real prices have been going down for years? What fantasy world does that come from? In order for consumer prices to "really be going down" we must focus on those products people would consider "needs;" and ALL of them, every single one, must be lower than any price for a similar item has ever been previously compared to both product quality and the past purchase power of the dollar. Otherwise you are just proclaiming something no one can see when they go out to purchase items in the marketplace.
    Last edited by Captain Adverse; 07-29-13 at 10:00 AM.
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

  10. #70
    On Vacation
    joko104's Avatar
    Join Date
    Jan 2009
    Last Seen
    12-03-17 @ 03:32 AM
    Lean
    Undisclosed
    Posts
    31,568
    Blog Entries
    2

    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Hatuey View Post
    Okay, I laughed.

    I can just see fat people rioting over this. "THEY STOLE 0.2grams FROM US! BURN THE FIT INFIDELS!"

    ..or people running out of the bathroom going "IF ONLY I HAD THAT 2% OF TOILET PAPER! I WOULDN'T HAVE USED MY THUMB."

    Great article. Terrible examples.
    I suppose you can ridicule over-weight people if you want, but it is pitiful that you think then you prove something by it other than something about yourself.

    Paying the same price for less product is hidden inflation and actual content sizes of many products including food is shrinking for the same product price. Your seeing this as your chance to laugh at overweight people is just what it is about yourself. The fact is that all people have to eat - not just people you ridicule and see yourself as superior to - and many people are increasingly having a difficult time being able to afford food.

    And since you apparently don't wipe your ass when you **** then yes, the price of toilet paper is irrelevant to you.

Page 7 of 13 FirstFirst ... 56789 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •