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Re: Trump/GOP bullshit
Posted: Tue May 20, 2025 3:55 am
by Dr_Phibes
Confusing a definition with causation isn't helpful. Just the word 'inflation' gives you an intuitive definition. The idea that it's the money supply was falsified in Britain in the 1980's, that was a failed experiment.
Re: Trump/GOP bullshit
Posted: Tue May 20, 2025 4:11 am
by L45B
The effects of the Minimum Wage Tariff in my home state of NY have caused the prices of double smashburgers to uhhh… double.
Nonetheless, that’s not technically inflation because at least my extra dollars are raising awareness (and wages!!) for all low-income employees. Virtuous behavior positively influenced by the government is progressive and thus anti-inflation.
Re: Trump/GOP bullshit
Posted: Tue May 20, 2025 4:48 am
by Dr_Phibes
L45B wrote: ↑Tue May 20, 2025 4:11 am
Nonetheless, that’s not technically inflation because at least my extra dollars are raising awareness (and wages!!) for all low-income employees. Virtuous behavior positively influenced by the government is progressive and thus
anti-inflation.
err.. isn't the the point of the Trump programme? If you're pissed about hamburgers, you're in for a rough ride my friend.
Re: Trump/GOP bullshit
Posted: Tue May 20, 2025 5:06 am
by Mikey
Fortunately, all the avocados here are local. My avocado toast shouldn’t be affected.
Re: Trump/GOP bullshit
Posted: Tue May 20, 2025 11:05 am
by FiatLux
Softball Bat wrote: ↑Tue May 20, 2025 3:21 am
The MAGA spin artists are fighting a losing battle with this one, Mikey.
