Because they are drinking Bud Light?

Brewha wrote:

Medicare, Medicaid and the national defense.

8trackdisco wrote:

for example...?

frankj1 wrote:

"What is the CPI right now?

Not seasonally adjusted CPI measures The Consumer Price Index for All Urban Consumers (CPI-U) increased 4.0 percent over the last 12 months"


Definitions from Oxford Languages :

tran·si·to·ry-adjective- not permanent.

None of this is intended to defend anyone or anything.

rfenst wrote:

you wrote:
A civilized country would strive for 0% inflation or better yet money that increased in buying power. That would make normal people richer instead of making politicians and their cronies richer.

I asked for an example of what country(ies) you were using as an example for us to emulate.

frankj1 wrote:

Oh, so you want an example. You can ask the St. Louis FED who admits that "For the pre-Fed period (1790-1913), the average annual inflation was 0.4 percent" in the U.S., and that was with even certain emergencies that occurred during that period.

If you look at that Pre-Fed era the buying power of the dollar remained relatively stable since inflation was pretty flat

https://www.in2013dollars.com/us/inflation/1890?endYear=1913&amount=1 

The buying power of the dollar actually increased from $1.00 to $1.09 during that period.

RayR wrote:

so the real answer, Mr. Astaire, is that there is no country in the world in at least over the last 100 years that would suit your theoretical standards.

And that's okay, cuz the rest of us will deal with reality without your participation.
But feel free to heckle from the sidelines.

frankj1 wrote:

See how you are Frankie? You asked me and I answered and then you act like the facts I gave you doesn't matter; you seem to think it is just a theory that a monetary system with zero or near zero inflation results in a stable currency that the people can rely on to hold its value over time and not make them poorer. I guess that means you holier-than-thou Left O' Center types really like sitting on your perch, enjoying your "reality" of watching people getting heisted and made poorer.

RayR wrote:

31 trillion is terrible. Crashing the dollar, a 20% drop in the stock market, hyperinflation, and a severe recession are worse.

Speyside2 wrote:

Sounds like we should add another 5 trillion in national debt so we can delay any bad consequences of proper budgeting. I vote for 36 trillion.

HockeyDad wrote:

you did not answer what was asked, you answered what you changed it to, as usual.

frankj1 wrote: