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Thread: Understanding "True" Inflation 4 Dummies

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    Understanding "True" Inflation 4 Dummies

    They tell us their is almost "Zero" Inflation..

    Couldve fooled me cause seems the price of almost "everything" keeps going UP

    Welp then I learned about Federal Reserve Policies..

    Inflation is "calculated" based upon a so called "Basket Of Goods"

    Basically if the price of Tuna goes up they figure youll eat Fancy Feast..

    If they cut-off your power youll burn candles..

    Get "evicted" or lose your house why you shall go camping..

    If gas goes $5/ $6 a gallon why youll buy a "Bus Pass" or WALK
    ..

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    Old Tex's Avatar
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    If gas goes $5/ $6 a gallon why youll buy a "Bus Pass" or WALK

    Or you could just move out of a democrat controlled state.

    As for inflation. Some things go up, other things go down & it's considered zero inflation if it more or less balanced out. For instance gas here has gone down about 50 cents per gallon in the last few years.

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    Quote Originally Posted by Karl View Post
    They tell us their is almost "Zero" Inflation..

    Couldve fooled me cause seems the price of almost "everything" keeps going UP

    Welp then I learned about Federal Reserve Policies..

    Inflation is "calculated" based upon a so called "Basket Of Goods"

    Basically if the price of Tuna goes up they figure youll eat Fancy Feast..

    If they cut-off your power youll burn candles..

    Get "evicted" or lose your house why you shall go camping..

    If gas goes $5/ $6 a gallon why youll buy a "Bus Pass" or WALK
    The inflation calculatorhttps://www.usinflationcalculator.com/ says that you need $106.72 to buy what $100. would buy in 2016.

    6.72% in 3 years
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