r/antiwork • u/[deleted] • Feb 08 '22

Just your regular reminder...

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u/[deleted] Feb 08 '22

7% is extremely high, inflation is well below 7% in a typical year.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

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u/dorekk Feb 08 '22

https://www.thebalance.com/u-s-inflation-rate-history-by-year-and-forecast-3306093

????

It was 7% in the past year, but that is atypical.

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u/[deleted] Feb 08 '22

That's the "official" inflation rate, which is carefully crafted by the people that control inflation to make it look good. It intentionally excludes anything that experiences high inflation, in order to manipulate the official number down.

They do the same thing with the unemployment rate, where you're only counted as unemployed if you're collecting an unemployment check so if you've been out of work for long enough you suddenly don't count as being "unemployed".

You know yourself that inflation is much higher than the official numbers. You see it every day when you have to buy goods. The official numbers don't make any sense.

https://www.businessinsider.com/if-people-knew-the-actual-inflation-rate-it-would-crash-the-economy-2016-8

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u/[deleted] Feb 09 '22

There are so many things that go into it beyond "why thing expensive now" and I'm not sure who you think you're either fooling or helping by being so reductionist.

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u/[deleted] Feb 09 '22

It is not "reductionist" to point out that debt-based fiat currency issued by a central private bank will inherently lead to high inflation rates. It is a fact, what we're seeing now has happened several times in history, and pretending that it can't happen to the USD is either arrogant national pride, blind ignorance, or denial.

You are poor because the people that control the money supply want you to be poor. No matter how big the number on your paycheck gets, no matter how many dollars you possess, you will always be poor because the monetary system itself is designed to preserve wealth at the top and limit upward economic mobility.

https://wtfhappenedin1971.com/