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?

[1714737361]

1714737361

[1714737361]

1714737361

[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.

[sheenshane]

I'm not pretty sure if I could say that they are hiding something from us if we barely know that inflation of more or less 1% does really happen in any commodities including services.  The mere fact that this always happens every year or even monthly I think it will be difficult for each inflation on commodities to be posted on all sites like Amazon, Walmart and etc. 

Just to justify the changes in their price.  I understand OP where you coming from but even our ancestors from the past already experienced this and none of them were able to manage to change this because any changes that have something to do with the other that also affects you then you need to make an adjustment for you to survive just like on a specific product if the material or the recipe has changed on the supply then definitely you will have an adjustment too on your product either by increasing or decreasing or maintaining its price but you will have changes on the size.

[The Sceptical Chymist]

that’s include rent, house price, land price, tax rate, food price, loan rate, land price, everything price on everything 1%!!!

I don't know about anyone else, but I haven't had a rent increase in over 5 years.  Gas prices are lower than they have been in a long time (remember 2006-2009?), and though I have noticed the price of some things going up I don't get the sense that inflation is rampant, out of control, or even that high. 

1%?  I don't know, maybe.  The government measures inflation a certain way, and the average citizen can verify if that measured rate is correct or not.  The problem is mainly that the "basket of goods" that they use doesn't include a lot of important things that might be getting more expensive than what the reported interest rate is.

What are they hiding from us?  Who knows.  Probably everything--and if they're hiding it, it's hard to know what's being hidden, is it not?

[DoublerHunter]

^ I don't think that the government is not hiding anything in fact when they said inflation of 1% annually they are already giving us a heads up that we should always expect a gradual price increase or decrease on commodities and services. The government educated us already for these changes but like this pandemic where everyone has been impacted we just need to understand that inflation will be often and people need to adjust for us to cope in this economic recession. Nevertheless, just try to think that we are just helping our economy to recover from this global recession.

[Ucy]

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.

Not just hygiene but mainly the quality/realness of the foods or products. If for example a small bottle of olive oil was $20 5years ago, demand goes up, price would go up if producers are unable to meet the demand. A desperate producer who is under pressure to keep the price stable & remains competitive would start selling cheap oil that is similar to olive, or will mix real olive with cheap non-olive oil to maintain the price.
Other examples are:
* using red artificial color & fruit flavor to make red wine in place of real quality wine.
*Adding yeast to bread to make smaller bread swell and look big/bigger.
* Creating lab grown meat (probably still experimental)
* GMOs in place of Non-GMOs
Etc

[slapper]

What is the point of hiding the inflation rate? Even though the government may perform badly in your country, it does not mean that they do not care about the economy or some sort of that. They are trying their best to make the economy stable and no matter how vigorous they try, inflation is inevitable. You have to accept the fact that our living world somehow needs inflation so that it can balance our normal life. That is why bitcoin and other cryptocurrencies are created for not only deflation but also for advanced technologies

Blaming the government is waste of time. Instead of that, you should find a way to escape the reality where inflation always exists. That is why right now, we have bitcoin, ethereum, etc. Investing is also a method of anti-inflation. Be smart guys. We have already lived in the 4.0 world. Your power is limitless and it is indeed that you can access anywhere, anyplace for any purpose.

[exstasie]

I don't know about anyone else, but I haven't had a rent increase in over 5 years.

Different markets are different. Plus, some landlords rarely raise the rent. The rent I pay is up almost 60% in 5 years. Granted, I live in a slightly nicer unit now (in a shittier neighborhood in the same city) but it's mostly a reflection of the ongoing real estate bubble.

What are they hiding from us?  Who knows.  Probably everything--and if they're hiding it, it's hard to know what's being hidden, is it not?

They obviously have incentives to downplay inflation to keep it within publicly acceptable levels, so we should probably assume they are doing exactly that.

[iv4n]

"What are they hiding from us?" Answer on this question in the 21st century is NOTHING! They don't hide anything, they're bombarding us with more information than ever, so when you look at everything around, you don't know what is true and what's not! People argue because they think that the dog is black or white, and in a fact you have black and white dogs, like it's important which color it is!

Gas prices are lower than they have been in a long time (remember 2006-2009?)

Exstasie quoted you on rent, I will on gas! In my place the price was 0.4 euros per liter, now its 1.3 euros per liter! In one moment it was over 1.5 euros before this crisis!

Instead of that, you should find a way to escape the reality

Everything else you wrote is not important as this line! Find a way to escape the reality, yea man! Find a way to beat this reality on every field! Well I will give you an answer, on some fields you will need alcohol and drugs, on others you will need crypto! Spiritually or physically, you will need a right weapon to fight against it!

[deisik]

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

But what's the point?

Okay, we can assume for a moment that the official figures are way off the mark compared to real inflation rates. But even if it is possible to fool the public for a year or two, it won't be possible for a decade or so as the errors will necessarily be adding up and discrepancies accumulating over the years. In short, the effect would the opposite of the desired (to make it look like everything is okey-dokey economically). I'm not saying that governments aren't fabricating the stats as they all apparently do but not in the way most people seem to assume

[Johnyz]

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?

Maybe hiding something so it didn’t create a panic in the market, we really don’t know not unless an economist states here the real number of inflation in your country. Well, considering the number of economist I’m sure they believe that the real number of inflation is out in the market and some of them are honest, 200 years ago is quiet impossible to back track, maybe we just need to focus on the current situation and the current inflation rate.

[DooMAD]

But even if it is possible to fool the public for a year or two, it won't be possible for a decade or so as the errors will necessarily be adding up and discrepancies accumulate over years.

If that were true, people would be looking at the difference between last few years and now and wouldn't be fooled to begin with.  It's not like we get to pretend the prices increases we've already experienced haven't happened and that this is some new and sudden phenomenon.

[deisik]

But even if it is possible to fool the public for a year or two, it won't be possible for a decade or so as the errors will necessarily be adding up and discrepancies accumulate over years.

If that were true, people would be looking at the difference between last few years and now and wouldn't be fooled to begin with.  It's not like we get to pretend the prices increases we've already experienced haven't happened and that this is some new and sudden phenomenon

I'm not sure if I got your perspective right

Regardless, if what you say comes down to governments substantially lowering inflation rates for years, if not decades, we could look at the historical prices of some foods as they were, say, 15 years ago, check the official inflation rates for every year of this period of 15 years, and then easily calculate how much that basket of goods should be worth today according to the government figures

If these stats were all wrong throughout these years (to the downside), the difference between today's real prices that you actually see in the mall and the official "inflation-adjusted" prices that you worked out on paper would be huge and impossible to hide. That's how I understand it

[el kaka22]

People do have different expenses from each other and that is what matters to their own finances, nations however can't care if you are right or the other person is right so they make the calculation based on whatever they feel like is the most commonly used things, including simple stuff like bread and milk etc but also things like a house or a car as well.

Not having a rent increase in 5 years is quite rare thing by the way, it is not like everyone is like that, depending on where you live, you usually get around 2-3% increase and if not you may get like 5% per 3 years or so, but there are places with no rent increase or there are places with insane and illegal (have to sue first) increases as well so I can't say what is the average.

Just check your bank app and see what you spend on 2019 November and check what you spend on this month and see the difference, when you remove unexpected rare things, common things should give you an idea on how much your costs have increased.

[Broly46]

"What are they hiding from us?" Answer on this question in the 21st century is NOTHING! They don't hide anything, they're bombarding us with more information than ever, so when you look at everything around, you don't know what is true and what's not! People argue because they think that the dog is black or white, and in a fact you have black and white dogs, like it's important which color it is!

Gas prices are lower than they have been in a long time (remember 2006-2009?)

Exstasie quoted you on rent, I will on gas! In my place the price was 0.4 euros per liter, now its 1.3 euros per liter! In one moment it was over 1.5 euros before this crisis!

Instead of that, you should find a way to escape the reality

Everything else you wrote is not important as this line! Find a way to escape the reality, yea man! Find a way to beat this reality on every field! Well I will give you an answer, on some fields you will need alcohol and drugs, on others you will need crypto! Spiritually or physically, you will need a right weapon to fight against it!

Yeah, tell that to Julian assamge that all his works on wiki leaks is a work of frustration, because nothing his leaks is hidden from public knowledges, I think he wouldn’t ascend with that’s answer.

[bits4books]

Do not forget that this is a calculation of many indicators, not just two or three. This includes not only a rise in the price of any product, but also an increase in the buyer's salary. You understand that if yesterday you received $ 1 / hour and the Burger cost $ 1, then if today you get $ 1.5 / hour and the Burger costs $ 1.5 an hour, then nothing has actually changed?
And based on an incredibly large number of indicators, such charts of 1-2% inflation are formed.

[iv4n]

...

Yeah, tell that to Julian assamge that all his works on wiki leaks is a work of frustration, because nothing his leaks is hidden from public knowledges, I think he wouldn’t ascend with that’s answer.

I see your point, and in my opinion Julian Assange proved what everyone already knew! We know that civilians are killed in every war, just because it's US it doesn't make any difference, they are responsible for many deaths across the world, deaths of innocent people! And of course the US government is responsible for many other bad things, but it's basically it's the same what many other governments do! I like to believe that a man can live with eyes wide opened, and the one who see knows that injustice happens all the time across the world. We all know that, that truth can't be hidden, I guess some people need concrete proofs and facts to be able to register that and to try to open their eyes! Sadly Julian Assange didn't make a big difference by exposing facts, like many other journalists who did the same thing in their own countries (many of them got killed).

[jaysabi]

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.

In the US we have a similar index to track consumer inflation, but the "basket of goods" they track isn't always very indicative of what people are consuming most, especially during the pandemic when consumer behaviors have deviated greatly from the norm. 

[StyleForceOne]

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

But thats not true. What is the data to back thigs you say up?
Perhaps, middle class was living better than current middle class now.
however, amount of people in middle class in terms of percentage is way better now.

[FanEagle]

The data that you could definitely go look for would be the minimum salary and car prices and house prices and school prices. If you look at food prices they are somehow better, they grew lesser than the inflation so right now buying a gallon of milk today is cheaper than buying a gallong of milk 50 years ago, maybe not in price but it is definitely better versus inflation.

However if you look at someone who worked a minimum salary regular mcdonalds work, look at a house 50 years ago and today, look at a brand new car price and today, and look at how much college cost 50 years ago and today, you can see the differences in these things that basically doesn't even come close to inflation rates that was given. Drop these into understandable levels, just these three (house+car+school) and you get yourself a better world. Healthcare was always expensive, that needs something else, I wouldn't know what but something else.

[petyang12]

I thought the inflation rate is around 1.5-3%. They may have a reason for it if they really are hiding something. It may cause panic buying if they will know the price will increase time by time before people can no longer afford especially the poor.

[deisik]

However if you look at someone who worked a minimum salary regular mcdonalds work, look at a house 50 years ago and today, look at a brand new car price and today, and look at how much college cost 50 years ago and today, you can see the differences in these things that basically doesn't even come close to inflation rates that was given. Drop these into understandable levels, just these three (house+car+school) and you get yourself a better world. Healthcare was always expensive, that needs something else, I wouldn't know what but something else

Today's prices for homes reflect a huge speculative element in them

I don't know how it was 50 years ago, but as I'm inclined to think, the speculation wasn't as rampant as it is today in this sector. My point is essentially that it is a daunting task to compare virtually any class of goods (e.g. cars) without taking into account a whole host of factors affecting prices that are a) not related to inflation (e.g. technological improvements) and b) heavily skewing and distorting direct comparisons up to a point of making them mostly or completely useless

[Ucy]

Do not forget that this is a calculation of many indicators, not just two or three. This includes not only a rise in the price of any product, but also an increase in the buyer's salary. You understand that if yesterday you received $ 1 / hour and the Burger cost $ 1, then if today you get $ 1.5 / hour and the Burger costs $ 1.5 an hour, then nothing has actually changed?
And based on an incredibly large number of indicators, such charts of 1-2% inflation are formed.

It's actually possible they factor in the increase in salary., but I wonder if that is a good way to calculate inflation of goods and services.
The increase in wages/salaries could even cause inflation of goods and services if things are not produced fast enough without lowering their standards. You are basically pumping in more money in the economy... so their will be higher spending and higher demand for goods and services in the economy. Your goods and services could even become expensive in international market, especially in places with cheap things & low salary

[exstasie]

Do not forget that this is a calculation of many indicators, not just two or three. This includes not only a rise in the price of any product, but also an increase in the buyer's salary. You understand that if yesterday you received $ 1 / hour and the Burger cost $ 1, then if today you get $ 1.5 / hour and the Burger costs $ 1.5 an hour, then nothing has actually changed?
And based on an incredibly large number of indicators, such charts of 1-2% inflation are formed.

Yes, and this is how the price of some consumer goods (like eggs) have actually fallen over the years. In 1920, a dozen eggs cost ~5% of the average daily wage in the US. Today, that same dozen costs ~0.5% of the average daily wage.

However, the BLS overemphasizes some metrics and under-emphasizes others by virtue of how they weight the CPI's basket of goods. For example, they calculate CPI in a way that completely hides soaring health care costs: https://www.thestreet.com/mishtalk/economics/cpi-vs-reality-medical-care-costs-soar-out-of-control

So sure, The CPI is right that I can buy a shitload of factory farmed eggs for cheap today, but it's very deceptive in terms of health care. And of course, the CPI doesn't even consider soaring asset prices (real estate, stocks, gold, BTC) which is obviously a major concern for anyone worried about their savings losing value.

[Noctis Connor]

Is the cost of living inflation? In the currency we living ? because it is really rises now a days and all other's stuff some countries are trying to control the growth and others are full in debt because of the loans , not everything goes up. and always keep in 1% or 0.90 etc.

Here are the sample of countries : https://tradingeconomics.com/country-list/inflation-rate

[BronxCats]

I'm not very knowledgeable with this, but is it possible for the price of things to go back to the way they were in the past?

For example, in the 90s a quarter was very convenient. You could buy potato chips, play a game in the arcade. Just take one coin out and that was awesome. Now potato chips requires two quarter (and bring less) and that's just not as convenient. It's something that I'm always thinking about when I do buy a bag of potato chips. That convenience of one quarter versus two.

[Salauddin1994]

Before everything had many advantages Inflation was very low in the past and no one would be able to control anything except the government inflation including the country's economy is on the rise due to the intervention of political leaders and lack of proper government control. He is lagging behind in terms of education and initiation he has done a lot of good work it is never possible to go back to the past but the reason for the rise in prices is inflation.

[tbterryboy]

Which inflation are you talking about here, the US dollar? I don’t live in the US so I can’t 100% tell for them if there has been any inflation, but with all these things that have happened is possible that there is. The lockdown caused inflation in my country and right now the inflation is not stopping.

People were complaining after the lockdown that things have gotten worse and with time we decided to get over everything that has happened, and recently the price of goods started increasing again and I don’t know what’s causing this one, whether it’s because of the holidays that coming or what?

[coolcoinz]

Many countries fake their inflation rates. Real inflation can be measured only by purchasing power, thus people use things like the big mac index for reference.
Your government can claim that inflation is at 5% but if you have to pay 10% more for bread, milk, sugar, it means the real loss of value of the currency was close to 10%, not 5 like the government wants you to think.

[Inkdatar]

During this lockdown in our country the products and services rate were increasing due to lack of productions costs such as wages and raw materials. Also the surge in demand of products can cause inflations were a customers willing to pay the amount. So some people truly wonder why these things happening since during this time a lot of people don't have a job and can't afford to pay for higher rate in products and services.

[deisik]

Your government can claim that inflation is at 5% but if you have to pay 10% more for bread, milk, sugar, it means the real loss of value of the currency was close to 10%, not 5 like the government wants you to think

It would be too easy to catch the government lying about inflation rates like this

For example, if it were fabricating inflation rates for a decade and prices, say, the price of milk, would be rising real 10% annually instead of reported 5%, after ten years the margin of error would have added up dramatically and been too great to conceal. That would completely discredit the government. The point is, they have most certainly invented subtler ways of rigging inflation stats to make it look a little bit more plausible

[Paycoinzzz]

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!

This is the law of supply and demand of the universe. Why are you retorting about the 1% inflation claim?
It seems that almost all of your articles are pretty negative about the current government and society. So what do you want from the country you live in? Are articles about such predictions by financial experts also upsetting you? Why don't you try to put yourself in their shoes and imagine what they need to tackle?
My advice to you is that you should have a positive thought and deeper insight instead of being consistently negative in every daily news.

[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.

This is the law of supply and demand of the universe. Why are you retorting about the 1% inflation claim?
It seems that almost all of your articles are pretty negative about the current government and society. So what do you want from the country you live in? Are articles about such predictions by financial experts also upsetting you? Why don't you try to put yourself in their shoes and imagine what they need to tackle?
My advice to you is that you should have a positive thought and deeper insight instead of being consistently negative in every daily news.

For a guy who sit on office with silver lining, the blue collar such as Jamie Dimon who receive high pay for absolutely doing nothing, yup they definitely have plenty of hardship to tackle. They’re very unsecured about their malpractices and need to create more lies and manipulation to hide the truth.

[manfredmann]

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.

This is the law of supply and demand of the universe. Why are you retorting about the 1% inflation claim?
It seems that almost all of your articles are pretty negative about the current government and society. So what do you want from the country you live in? Are articles about such predictions by financial experts also upsetting you? Why don't you try to put yourself in their shoes and imagine what they need to tackle?
My advice to you is that you should have a positive thought and deeper insight instead of being consistently negative in every daily news.

For a guy who sit on office with silver lining, the blue collar such as Jamie Dimon who receive high pay for absolutely doing nothing, yup they definitely have plenty of hardship to tackle. They’re very unsecured about their malpractices and need to create more lies and manipulation to hide the truth.

LOL, you do not know tha those are the typw of the guys how they end up like that. They are good on making lies and that is how they reach to that point by making lies on order to protect their gains and influences that they had been making. Well, anything on this earth could pass through hope they enjoy their life and make a good use of it before all of us left this earthly life.

[Broly46]

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

Example;

For a guy who sit on office with silver lining, the blue collar such as Jamie Dimon who receive high pay for absolutely doing nothing, yup they definitely have plenty of hardship to tackle. They’re very unsecured about their malpractices and need to create more lies and manipulation to hide the truth.

LOL, you do not know tha those are the typw of the guys how they end up like that. They are good on making lies and that is how they reach to that point by making lies on order to protect their gains and influences that they had been making. Well, anything on this earth could pass through hope they enjoy their life and make a good use of it before all of us left this earthly life.

They’re slowly digging into their graveyards when they single-handed turn the entire financial market into a place of uncontrollable clustered dump sites, and bitcoin starting to gain traction and threaten their position on an absolute moated well walled garden, when institutional investors beginning to dump financial market in opted to bitcoin, their days might be  numbered, or might be in a morally critically questionable and dangerously irreparable condition where they don’t feel all comfortable with what they’ve done for the entire lifetime. It might be a massive challenge to gain trust again after being exposed, man are getting too smart on detecting their snake oils.

[bitgolden]

The thing about these type of people that they always live with the mindset of "I got mine" and they do not even think about the future of their own children. There are plenty of companies who ruin the world right now, the earth and the climate that will make things not easy to live, more places that will burn, more places that will be flooded, more places that is drought ridden and at that point you could have a billion dollars in cash but you will be in a mad max universe, so what would money do to help you?

This is why I think it is highly important that we realize we do not believe anything they say or do since they do not even care about their own future, they know they will live another 10-20 maybe at tops 30 years and they will see world go bad for a short period but they want to be wealthy during that last days and after that they don't mind world becoming inhospitable to humans.

[CarnagexD]

The thing about these type of people that they always live with the mindset of "I got mine" and they do not even think about the future of their own children. There are plenty of companies who ruin the world right now, the earth and the climate that will make things not easy to live, more places that will burn, more places that will be flooded, more places that is drought ridden and at that point you could have a billion dollars in cash but you will be in a mad max universe, so what would money do to help you?

This is why I think it is highly important that we realize we do not believe anything they say or do since they do not even care about their own future, they know they will live another 10-20 maybe at tops 30 years and they will see world go bad for a short period but they want to be wealthy during that last days and after that they don't mind world becoming inhospitable to humans.

But then again, we can't really not trust them because it is in our best interest to follow their rules and trust that they will do things right. After all they are the ones who directly run the country, what we can do however is just to ensure that they indeed do what they are intended to and to realize that we gotta do our own researches, but be careful with the information that you collect as not everything you gathered will be true.

[Broly46]

Your government can claim that inflation is at 5% but if you have to pay 10% more for bread, milk, sugar, it means the real loss of value of the currency was close to 10%, not 5 like the government wants you to think

It would be too easy to catch the government lying about inflation rates like this

For example, if it were fabricating inflation rates for a decade and prices, say, the price of milk, would be rising real 10% annually instead of reported 5%, after ten years the margin of error would have added up dramatically and been too great to conceal. That would completely discredit the government. The point is, they have most certainly invented subtler ways of rigging inflation stats to make it look a little bit more plausible

It’s pointless to catch them lying, because you will always behind them by one step, they create lie and you debunk it, you’re wasting your time while their lies are being productive and make them a lot of monetary gain, the point of this thread is not about picking out every lie they make, the point is to make awareness, victims are everywhere and they’re often get targeted by this notorious scammers who prefer indoctrination over education.

[deisik]

Your government can claim that inflation is at 5% but if you have to pay 10% more for bread, milk, sugar, it means the real loss of value of the currency was close to 10%, not 5 like the government wants you to think

It would be too easy to catch the government lying about inflation rates like this

For example, if it were fabricating inflation rates for a decade and prices, say, the price of milk, would be rising real 10% annually instead of reported 5%, after ten years the margin of error would have added up dramatically and been too great to conceal. That would completely discredit the government. The point is, they have most certainly invented subtler ways of rigging inflation stats to make it look a little bit more plausible

It’s pointless to catch them lying

I tend to disagree with this view, but I more or less understand what your conclusion is based on. It is called "learned helplessness". But there is only one thing worse than false hope, and it is false hopelessness. And while we are at it, you are not quite consistent in your reasoning. You say that the point is to raise awareness, okay then. But how are you going to get there if not by exposing lies? As I see it, it is one of the best tools to do just that

Besides, lies, and more so deliberate lies, are highly toxic for the very person who is lying, destructive for his own integrity (even the term integrity implies exactly that). However, it is not some abstract government that is lying to us. It is always concrete people who are telling lies. And whenever the lies of one such person get exposed, he gets a nine-inch nail into the coffin of his integrity (you can call that karma). You don't even need to expose this person as such

Exposing lies will do just as good simply because "if the shoe fits..."