From: pianoforte109@yahoo.com   
      
   On 8/15/23 11:23 AM, ScottW wrote:   
   > On Tuesday, August 15, 2023 at 5:26:01 AM UTC-7, mINE109 wrote:   
      
      
      
   >>>>>> It's now under 3%, which is pretty normal.   
   >>>>   
   >>>>> Only 50% above target.....but that's normal for dem run   
   >>>>> gov't.   
   >>>> How to lie with statistics. Sure, 3 is 50% more than two, but   
   >>>> it's also just one more.   
   >>>   
   >>>   
   >>> Let's calculate how broke Stephen would be if there was only 1   
   >>> more percent of inflation every year of his life.   
   >>>   
   >>> Every dollar he earns today would only be worth 36c compared to   
   >>> what it would be without that additional 1% of inflation   
   >>> (assuming he's 50 years young....which I doubt)   
   >> Wages and fees go up too.   
   >   
   > Not enough.   
      
   What's "enough"? It's not zero as in the calculation you just argued.   
      
   Looking over my bank accounts, instead of the usual interest payments   
   too small to notice, my Roth is yielding discernible amounts.   
      
   > You're too stupid to realize why gov't might want to set a higher   
   > target inflation and are inflating propaganda balloons for morons   
   > like you.  It's not because it's in your best interest or to protect   
   > or improve your standard of living. It's to deflate gov't debt and   
   > keep the money spickets flowing that dems need to retain power.   
      
   You've shown your hand: your criticisms are strictly partisan   
   anti-Democratic attacks.   
      
   BTW, "money spickets" = investment = sustained growth   
      
   If Republicans provided a similar improvement in the standard of living,   
   I'd be all for it, but not enough to overlook their civil rights positions.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)