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Politics : Formerly About Advanced Micro Devices

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Brumar89
Doren
Eric
Fiscally Conservative
zax
To: Bill who wrote (1494909)10/21/2024 5:00:03 PM
From: Tenchusatsu5 Recommendations  Read Replies (4) of 1570917
 
Bill,
Inflation is cumulative, dope. It's 30% since your Biden drove it up intentionally.
Wow, you can't even do math ...

macrotrends.net

2021 inflation: 4.70%
2022 inflation: 8.00%
2023 inflation: 4.12%

morningstar.com

2024 inflation (projected): 2.40%

Now let's take the cumulative effects of inflation over the years from 2021 to 2024:

1.047 * 1.08 * 1.0412 * 1.024 = 1.206

The result is 20.6% "cumulative inflation" over 4 years.

Not 30%.

Now I'll wait while you tell me "numbers don't matter, 20% is still too high, blah blah blah," all because you can't do basic math ...

Tenchusatsu
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