Okay great, so when will we see Zimbabwe style hyperinflation? A ballpark estimate will be fine.
You made the claim, so tell me when? Again, a general time frame will do.Maybe you can tell me. You are the one arguing we can simply inflate our way to peace and prosperity. I say no, we cannot do this. Its a slippery slope that is leading towards a Zimbabwian outcome, its just a matter of time.
If all we had to do was print it up and give it away from now on so we can all live in luxury and no one has to work, why didnt we think of this before?
A month or so ago, I saw an old high school acquaintance ranting on FB about $8/gal gas, and I commented that I had just filled up for about $3/gal. His reply was that prices would skyrocket, and it's all Biden's fault. So like you, I pressed him for when (if only because such information could be valuable in the markets). He replied back, by next year. You're certain of this, I asked. Dead certain, he replied. Okay, I said, I will put $1k in escrow right now that says that 1 year from now the nationwide average price for a gallon of regular unleaded as reported by gasbuddy.com will be $7.99 or less.
I just did a quick search and this guy has been ranting about inflation and the destruction of the dollar for more than ten years now.
Okay great, ‘a few months’ - so hyperinflation by the end of the year? Is that what you’re saying?
You’ve been making the same complaints for ten years and not only has hyperinflation not happened, inflation has actually been below target! Have you considered your understanding of inflation is just wrong?
Have you considered this guy has about the same brainpower as nobodysmind?
Well I’ve got some great news for you then.
Your ranting about all the free handouts is pretty absurd. However, I would like to point out that other countries *do* manage to provide universal health insurance and a college education without life altering debt. And dont tell me how awful universal health care is. Our healthcare system is an unmitigated disaster unless you are rich or perhaps old enough for medicare, but even with medicare you have to deal with co-pays, private premiums and a confusing myriad of supplemental policies.
Fuck off, traitor. You are a worm tongue and your opinions carry no weight among Americans.
www.businessinsider.com
Hey idiot, this has been going on for decades. Or have you been buying your bags of potato chips for the air content, believing you are getting more for your money over the years, since the quantity of chips has decreased and the amount of air has increased? (chips is just one example out of thousands of products that have been doing this). This has nothing to do with current events or inflation. It is normal business practice to keep prices in line with what the Market can bare. It's also done to manipulate nutritional values that have to be printed on the labels to fool people into believing something is better for you than it actually is.Shrinkflation has taken off like a rocket - As companies are too scared to raise their products pricing, so they sneakily reduce the amount and sell it for the same price.
Multiple items have seen reduced quantity to circumvent inflation:
From toilet paper to candy bars, companies hide rising costs by shrinking the size of everyday products. Here's what that looks like.
The prices of consumer goods are increasing, from food to household necessities. Some companies are hiding this by shrinking product sizes instead.
To name a few:
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