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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (1494909)	10/21/2024 5:00:03 PM
From: Tenchusatsu	5 Recommendations Recommended By Brumar89 Doren Eric Fiscally Conservative zax Read Replies (4) \| Respond to of 1570900

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

To: Bill who wrote (1494909)	10/21/2024 5:14:41 PM
From: zax	1 Recommendation Recommended By rdkflorida2 Respond to of 1570900

What is your source of annualized inflation rates that leads to a cumulative inflation of 30%? When I run the official numbers, I'm seeing something 33% lower over this period. Inflation was driven in large part by government giveaways of cash during the pandemic. Flooding the economy with cash has that effect. And Trump played a major part in this. In fact, his handling of the pandemic cost us a lot more than inflation. It cost a lot of lives.