Re: Inflation Falls Below 3%

Let the Record show that Lou Bricano <lb@cap.con> on or about Fri, 16
Aug 2024 20:37:55 -0700 did write, type or otherwise cause to appear
in talk.politics.guns the following:

>

While inflation still exceeds the 2 percent that was normal before the
coronavirus pandemic, it is much slower than the 9.1 percent peak in 2022.
>
https://www.nytimes.com/live/2024/08/14/business/cpi-inflation-fed

 
I'm supposed to feel better about 20% increase over the last 3 years

>
You're supposed to feel better because the rate of increase is much lower. Lower
inflation makes everyone better off. It doesn't reduce prices to what they were
before the previous rounds of inflation, but lower inflation *now* makes all
consumers better off.

Yeah right.

Never mind that the government's number are low.  Never mind that
the government is lying.
Never mind that the government is still conjuring up money from
nothing.
"it's only 2.9%" - this year.  

Talk about an administration "completely unburdened by what has
gone before!".

tschus
pyotr
--
pyotr filipivich
"That rifle on the wall of the labourer's cottage or
working class flat is the symbol of democracy. It is
our job to see that it stays there." ? George Orwell