What are they hiding from us?

[Broly46]

They said inflation rate is about 1%
Do you think anyone will believe it’s really 1% since may be 200 years ago??
Then for a 200 years to inflated price by thrice is pretty good.
What give?? What are they hiding?

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[jackg]

Which inflation are we talking about?

There's inflation based on the cost of living and inflation based on the value a currency rises.

Both are generally tried to be kept at 1.5-2% in the UK, us and Europe to promote some stable growth... I think there's also additional growth not factored into this which is given as loans from a central bank to commercial/socialised banks.

When a recession hits, governments normally inject up to 20% of the monetary supply in either loans or new money. Sometimes this is taken back and sometimes it's left as is. And for example in the UK I think the two main parties that seem to be elected do things slightly different afaik: the Conservative groups like to print money and the labour/pro union groups like to borrow it (not sure if this is the same anywhere else though).

[Broly46]

Which inflation are we talking about?

There's inflation based on the cost of living and inflation based on the value a currency rises.

Both are generally tried to be kept at 1.5-2% in the UK, us and Europe to promote some stable growth... I think there's also additional growth not factored into this which is given as loans from a central bank to commercial/socialised banks.

When a recession hits, governments normally inject up to 20% of the monetary supply in either loans or new money. Sometimes this is taken back and sometimes it's left as is. And for example in the UK I think the two main parties that seem to be elected do things slightly different afaik: the Conservative groups like to print money and the labour/pro union groups like to borrow it (not sure if this is the same anywhere else though).

The question should be what are they talking about inflation at 1%, are they expecting us to hallucinating some magical number out of the dust,  and eventually everything, EVERYTHING, that’s include rent, house price, land price, tax rate, food price, loan rate, land price, everything price on everything 1%!!!

[jackg]

The question should be what are they talking about inflation at 1%, are they expecting us to hallucinating some magical number out of the dust,  and eventually everything, EVERYTHING, that’s include rent, house price, land price, tax rate, food price, loan rate, land price, everything price on everything 1%!!!

It's an average increase... Not everything goes up by a stable amount or at the same time.

For example https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l55o/mm23 uses a indice to track how much the average retail cost reflects on consumers afaik.

[Broly46]

The question should be what are they talking about inflation at 1%, are they expecting us to hallucinating some magical number out of the dust,  and eventually everything, EVERYTHING, that’s include rent, house price, land price, tax rate, food price, loan rate, land price, everything price on everything 1%!!!

It's an average increase... Not everything goes up by a stable amount or at the same time.

For example https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l55o/mm23 uses a indice to track how much the average retail cost reflects on consumers afaik.

Ok, how about this. Debasement at 1%, fiscal spending at 1%, taking average is very crude measurement, as each year they add a different item into estimating the average, is it fooling around? What’re they hiding from us? Why they hide from us? Why? Are they robbery?

[YOSHIE]

is it fooling around? What’re they hiding from us? Why they hide from us? Why? Are they robbery?

If you are talking about the price of goods or the market mechanism, generally a 1% increase in inflation or a decrease of 1%, requires a process, If you see that the price goes up by the 1 or 2 item method alone it is not inflation as you say, unless, if you find it widely and other products.

Many factors cause inflation to increase.
Example;
People's needs increase day by day or liquidity and speculation increases, to other things such as distribution, unstable economy etc.

That is, nothing is hidden or robbed of the high price of goods 1% or 2% cannot say or show that it will happen Inflation.

[Broly46]

is it fooling around? What’re they hiding from us? Why they hide from us? Why? Are they robbery?

If you are talking about the price of goods or the market mechanism, generally a 1% increase in inflation or a decrease of 1%, requires a process, If you see that the price goes up by the 1 or 2 item method alone it is not inflation as you say, unless, if you find it widely and other products.

Many factors cause inflation to increase.
Example;
People's needs increase day by day or liquidity and speculation increases, to other things such as distribution, unstable economy etc.

That is, nothing is hidden or robbed of the high price of goods 1% or 2% cannot say or show that it will happen Inflation.

I just want to say, alright they’re not lying, inflation rate was truly at 1%, hooray!
Brrr, this is not the purpose of this thread!!!!

I go to AMAZON, ALIEXPRESS, I go to WALMART, I go to everywhere! Nothing tell me the price of their product just 1% inflated. Tell me what items on this universe AMAZON didn’t sell? I think they sell every damn thing that can move on this planet, even virtual items!!

ALL damn thing inflated more than 1% on this planet earth! ALL, ALL, ALL!! Stop hiding!

[Natsuu]

is it fooling around? What’re they hiding from us? Why they hide from us? Why? Are they robbery?

If you are talking about the price of goods or the market mechanism, generally a 1% increase in inflation or a decrease of 1%, requires a process, If you see that the price goes up by the 1 or 2 item method alone it is not inflation as you say, unless, if you find it widely and other products.

Many factors cause inflation to increase.
Example;
People's needs increase day by day or liquidity and speculation increases, to other things such as distribution, unstable economy etc.

That is, nothing is hidden or robbed of the high price of goods 1% or 2% cannot say or show that it will happen Inflation.

I just want to say, alright they’re not lying, inflation rate was truly at 1%, hooray!
Brrr, this is not the purpose of this thread!!!!

I go to AMAZON, ALIEXPRESS, I go to WALMART, I go to everywhere! Nothing tell me the price of their product just 1% inflated. Tell me what items on this universe AMAZON didn’t sell? I think they sell every damn thing that can move on this planet, even virtual items!!

ALL damn thing inflated more than 1% on this planet earth! ALL, ALL, ALL!! Stop hiding!

Your way of constructing this sentences is kinda hard to read but I do get your point. I think what you are trying to say is that, all items in amazon or any other market place, must state or must have at least 1% increase in their items as per what the inflation tells you. But you give not enough information, you forget to state if the 1% is yearly or monthly, cause it can matter for that. If that 1% is for yearly period, then that 1% was computed through the average inflation rate for 365 days, so that is a very small changes in price for us to see. On the other hand, if it is monthly, we can see it moving but not that much, cause we are talking about 1% here.

[bitbollo]

They said inflation rate is about 1%
Do you think anyone will believe it’s really 1% since may be 200 years ago??
Then for a 200 years to inflated price by thrice is pretty good.
What give?? What are they hiding?

inflation isn't the same since 200 years, and each year it change (just take a look of the value after world war 2). generally during this years (after 2008 crisis) central bank of western countries are trying to keep this value at a constant rate. Even salaries or pension are linked to and get the same re-evaluation each year.

In general It's something that allow the money to be used to produce more value, I don't know what you mean by "hiding" since it's a basic part of the economy in any country.

[Mauser]

They said inflation rate is about 1%
Do you think anyone will believe it’s really 1% since may be 200 years ago??
Then for a 200 years to inflated price by thrice is pretty good.
What give?? What are they hiding?

It depends on how you look at thing. The inflation rate looks at the average expenditures of an average person. There is a basket of things which include a lot of different things. So comparing the inflation number from today against 50 or 100 years ago can be very misleading because we buy things today that weren't available in the past. Look at electronics like PCs and Mobile phones, it's very hard to compare these prices to the past but we see that electronics have been falling in prices a lot. Also the energy prices dropped severly in the last 10 years. So a rise in food prices is easily offset by other things, that is why the general inflation is so low.

[Broly46]

?

If

Example;

Your way of constructing this sentences is kinda hard to read but I do get your point. I think what you are trying to say is that, all items in amazon or any other market place, must state or must have at least 1% increase in their items as per what the inflation tells you. But you give not enough information, you forget to state if the 1% is yearly or monthly, cause it can matter for that. If that 1% is for yearly period, then that 1% was computed through the average inflation rate for 365 days, so that is a very small changes in price for us to see. On the other hand, if it is monthly, we can see it moving but not that much, cause we are talking about 1% here.

Yup, Sweet heart, I would like to rephrase, 100%, ALL of them items inflated over 100%, I would like to prove it with FACTS, camelcamelcamel dot com keep track of ALL amazon items price on 20 years records, in this 20 years ALL items price on camel camel camel increase over 100%, it’s assuming inflation rate at 1% per year.

They’re not lying, they’re honest, they have nothing to hide, they have facts checking and 1% is the average, I have nothing to prove. Briefly speaking I lying.

I hope I’m very clear and loud on this issue.

inflation isn't the same since 200 years, and each year it change (just take a look of the value after world war 2). generally during this years (after 2008 crisis) central bank of western countries are trying to keep this value at a constant rate. Even salaries or pension are linked to and get the same re-evaluation each year.

In general It's something that allow the money to be used to produce more value, I don't know what you mean by "hiding" since it's a basic part of the economy in any country.

I hope they would just state that inflation is over 10% and it would make a big hoo haa, IDK, they are hiding the facts inflation at 1%, they’re certainly hiding, they should stop hiding, unless they have reason to hide???

[fiulpro]

I believe you have to understand for a fact that , this is Annual Inflation rate , which is quite right , even in the US it is around 1.3-1.4%.
If we are thinking about the 100 years or 200 years , we can just multiply that by the annual rate and get the inflation rate for all those years which would be quite dad and drastic.
You would have heard your parents say how they could buy a whole bunch of stuff in 1$ when they were kids. You have to see it year by year basis.
By the way it can be different for different areas , different parts of the city , maybe vary even in a 100 km area ! Popularity, resources, everything plays a big role... Therefore I believe this average ones needs to be divided and then analyzed, plus never ever trust the stats Presented by the government.... Find for yourself.. maybe try and use the formula, check the price 200 years before if it is documented.. maybe write a post about it or a blog ?

[FFrankie]

Anything that the government pumps money into inflates insanely: healthcare, schooling, and housing are all prime examples. To say things have only inflated a nominal amount every year is wrong because the majority of people where doing better 50 years ago than the majority of people today

[Broly46]

They said inflation rate is about 1%
Do you think anyone will believe it’s really 1% since may be 200 years ago??
Then for a 200 years to inflated price by thrice is pretty good.
What give?? What are they hiding?

It depends on how you look at thing. The inflation rate looks at the average expenditures of an average person. There is a basket of things which include a lot of different things. So comparing the inflation number from today against 50 or 100 years ago can be very misleading because we buy things today that weren't available in the past. Look at electronics like PCs and Mobile phones, it's very hard to compare these prices to the past but we see that electronics have been falling in prices a lot. Also the energy prices dropped severly in the last 10 years. So a rise in food prices is easily offset by other things, that is why the general inflation is so low.

===
This is one huge bs, PC are not getting cheaper, AMAZON has all electronic covered they all soaring high. Try something that’s not sold in amazon. Energy? Yup amazon sell energy too, it’s soaring too. Name an item that ain’t listed on amazon and not inflated price?

===

I believe you have to understand for a fact that , this is Annual Inflation rate , which is quite right , even in the US it is around 1.3-1.4%.
If we are thinking about the 100 years or 200 years , we can just multiply that by the annual rate and get the inflation rate for all those years which would be quite dad and drastic.
You would have heard your parents say how they could buy a whole bunch of stuff in 1$ when they were kids. You have to see it year by year basis.
By the way it can be different for different areas , different parts of the city , maybe vary even in a 100 km area ! Popularity, resources, everything plays a big role... Therefore I believe this average ones needs to be divided and then analyzed, plus never ever trust the stats Presented by the government.... Find for yourself.. maybe try and use the formula, check the price 200 years before if it is documented.. maybe write a post about it or a blog ?

===
200 year as is kinda exaggerated, it heading back to good old Wild West the cowboys era where most record are grandma story telling. 120 years seem to be feasible, yet the inflation rate isn’t merely just 120% in total of this 120 years, I would like to suggest ome million percentage point, yup, 1,000,000%, one, zero zero zero, zero zero zero percent, think I’m kidding??
===

[Mauser]

===
This is one huge bs, PC are not getting cheaper, AMAZON has all electronic covered they all soaring high. Try something that’s not sold in amazon. Energy? Yup amazon sell energy too, it’s soaring too. Name an item that ain’t listed on amazon and not inflated price?

===

Not sure where you are getting your information from but this wrong. Just because we are getting new PC parts every year doesn't mean you have to buy them. A PC easily works for many years, you don't need a CPU or GPU every other year. If you look at all full PC setup in general you
see that prices are declining. At the moment you are getting a Full PC Setup with Monitor for less than 300€ easily. How can you argue that prices are not dropping?

And Energy prices are inflating? Wrong

https://ec.europa.eu/eurostat/statistics-explained/index.php?title=File:Euro_area_annual_inflation_and_its_main_components_(%25),_October_2010_-_October_2020_(estimated).png

[Gozie51]

And Energy prices are inflating? Wrong

For the most aspect of life, food stuffs, electricity fees are increasing daily especially in African community. The prices are going higher despite the effort to improve the agricultural sectors. CPUs and other electrical appliances might not be noticed because they are not in daily use but the world is experiencing inflation.

[Kakmakr]

It is actually not that they (government) are lying to the general public about the inflation rate, because it is actually a real number.. but what they are doing is manipulating the shit out of the way they are calculating it. The basket of products and service used to determine the inflation rate is constantly changing to enable governments to manipulate the percentage that are calculated.

So when you see the inflation rate of a country, then you can be damn sure that there are real differences in the way they calculate it for their own benefit.    The global economy is one big "smoke & mirror" show to create a false sense of prosperity for their citizens and foreign investors. (Taxes & Foreign investments and even government workers salary increases) 

[iamMhew]

They said inflation rate is about 1%
Do you think anyone will believe it’s really 1% since may be 200 years ago??
Then for a 200 years to inflated price by thrice is pretty good.
What give?? What are they hiding?

Where did that 200 years ago of 1% inflation came from?
coz that statistics number from a free country is the real number.
There's a lot of stakeholder use this as an indicator to plan for the future.
I think their not hiding something just in case if your in doubt on that number, otherwise they might be wrong on their calculations.

[Ucy]

I guess you are referring to inflation rate of goods and services from 200yrs ago till now? Well, it depends on how they do the calculations. Perhaps they focus more on basic things that majority of people mostly use. 
People should be conscious of the fact that companies/producers could be changing the quality or quantity (or both) of the basic things to maintain their prices or to avoid increasing price drastically. This won't be easily notice by consumers.

[DooMAD]

There are so many ways to manipulate inflation figures.  It's ridiculous.  The latest ploy is to lower food standards, so they can charge the same or more for the food but use ingredients that are cheaper because they were produced under worse hygiene standards.  Before that, we had "shrinkflation" where they charged the same or more, but made the portions smaller.  Clearly no one should be taking any government's "official" figures too seriously.