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How has Bidenflation affected you?

Al-O-Meter said:
Rises in the cost of labor sometimes lags inflation, and sometimes rises faster than inflation. Rises in the cost of eggs sometimes lags inflation, and sometimes rises faster than inflation. Inflation is a measure of the aggregate. Certainly not all commodities will see an identical change at an identical rate. That is simply a fact of the market, but it doesn't mean inflation isn't real or that a broad measure like holiday spending won't reflect the devaluation of the dollar a.k.a. inflation.
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Thanks for the lesson.

Most people's pay has not kept up with inflation in our CURRENT situation. That was most likely the deciding factor in Trump being elected President.
 
str8line said:
www.ksl.com

US consumers go on holiday spending spree

Online sales in November surpass $77 billion, on pace to exceed predictions.
www.ksl.com www.ksl.com
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Of course. You would think that with no one having disposable income due to the eggs being more expensive that no one would be spending. Some people might say that inflation means more spending (due to things costing more) but that isn't true. If no one buys christmas presents then it doesn't matter if those presents cost more. There would be way less spending. People still be buying christmas presents doe.

Plus, stuff dont cost more. I bought a car battery starter today for 40 bucks. I been looking into buying one of these for years. Cheapest I ever saw it. Also bought some earrings for my wife for 15 bucks today (normally like 120 bucks). Stuff be way cheap right now.

Saw a 43 inch tv for like 80 bucks. 65 inch tv for under 200 bucks. Inflation!!! My current tv (75 inch vizio from costco with less features than that 65 incher) cost 1500 bucks. I bought it during black friday sales as well. While trump was president. Inflation!!!
 
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fishonjazz said:
Of course. You would think that with no one having disposable income due to the eggs being more expensive that no one would be spending. Some people might say that inflation means more spending (due to things costing more) but that isn't true. If no one buys christmas presents then it doesn't matter if those presents cost more. There would be way less spending. People still be buying christmas presents doe.

Plus, stuff dont cost more. I bought a car battery starter today for 40 bucks. I been looking into buying one of these for years. Cheapest I ever saw it. Also bought some earrings for my wife for 15 bucks today (normally like 120 bucks). Stuff be way cheap right now.

Saw a 43 inch tv for like 80 bucks. 65 inch tv for under 200 bucks. Inflation!!! My current tv (75 inch vizio from costco with less features than that 65 incher) cost 1500 bucks. I bought it during black friday sales as well. While trump was president. Inflation!!!
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We don's have that brand here.

I'll be looking for a new tellie soon my Samsung is dying.
 
Rubashov said:
We don's have that brand here.

I'll be looking for a new tellie soon my Samsung is dying.
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The prices are insanely cheap for TVs right now over here

Sent from my OPD2203 using Tapatalk
 
fishonjazz said:
The prices are insanely cheap for TVs right now over here

Sent from my OPD2203 using Tapatalk
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www.thegoodguys.com.au

Samsung 85" Q60D 4K QLED Smart TV 24 QA85Q60DAWXXY

Shop Online for Samsung QA85Q60DAWXXY Samsung 85" Q60D 4K QLED Smart TV 24 and more at The Good Guys. Grab a bargain from Australia's leading home appliance store.
www.thegoodguys.com.au www.thegoodguys.com.au

This has a lot to commend it. I've currently got a 75 inch Samsung which is about 10 years old, but its dying, I've got a feeling that's from sitting next to the parents dialysis machine which is like popping the TV next to a small oven. Still I'll keep it until it dies then replace it especially since im looking at moving house I'll buy one new when I move.
 
Yet again we see Americans enjoying the fruits of their labors and shopping. Just as we saw over the summer when travel hit new record highs. “bUt InFlAtIoN!”

I really wish we’d stop the whole “economic anxiety” schtick for why Trump won. It’s the racism. It’s the misogyny. It’s the entire Trump show. Americans are so ****ing bored with life that they craved another season of the chaos president. Because politics has become entertainment. Political leaders have become a way to exercise our authority over perceived cultural and political enemies.

It’s not the ****ing economy.

 
The Thriller said:
Yet again we see Americans enjoying the fruits of their labors and shopping. Just as we saw over the summer when travel hit new record highs. “bUt InFlAtIoN!”

I really wish we’d stop the whole “economic anxiety” schtick for why Trump won. It’s the racism. It’s the misogyny. It’s the entire Trump show. Americans are so ****ing bored with life that they craved another season of the chaos president. Because politics has become entertainment. Political leaders have become a way to exercise our authority over perceived cultural and political enemies.

It’s not the ****ing economy.

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Yes, they spent more because everything costs more. That is how inflation works.
 
Al-O-Meter said:
Yes, they spent more because everything costs more. That is how inflation works.
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So if tomorrow everything cost 10X more people would just spend 10X more on everything and wouldn't have to make any decisions on what they can afford, being as how inflation doesn't magically put more money in the average working person's pockets?
 
Sardines said:
So if tomorrow everything cost 10X more people would just spend 10X more on everything and wouldn't have to make any decisions on what they can afford, being as how inflation doesn't magically put more money in the average working person's pockets?
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For people living paycheck-to-paycheck, yes. That is how it would work for them because their labor is included in the "everything" costing 10x more. For those who have assets in cash, they get screwed. All other assets are also included in the "everything", so it doesn't hurt them. Those that have debt in dollars do the best of all because the value of their debt is now effectively 10% of what it was before.
 
Al-O-Meter said:
For people living paycheck-to-paycheck, yes. That is how it would work for them because their labor is included in the "everything" costing 10x more. For those who have assets in cash, they get screwed. All other assets are also included in the "everything", so it doesn't hurt them. Those that have debt in dollars do the best of all because the value of their debt is now effectively 10% of what it was before.
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what's the point of talking to you?
 
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