How does this come up to 8.5%?

[DonkusHK2]

 

[davsco]

fuzzy math

 

[Sundazes]

common core math

 

[Doctor_M]

the only number you need to know is 62... Biden's approximate IQ.

 

[KingClown]

Easy that stuff doesnt count. You just keep throwing out stuff till you get the number you want.

 

[Huckleberry]

Well, Nobody Fuchs with a Biden especially because he was raised Puerto Rican in Delaware before he moved there

 

[Boats]

In what world does going from $1.79/gal to $4.50/gal a couple months ago = 44%?

These numbers are generous, at best.

 

[Brickman301]

On mdshooters, the answer is always 3 percent!

 

[jrumann59]

much of it has to do with anticipatory inflation. When in a high inflationary cycle prices have anticipated inflation built in so prices do not need to be adjusted all the time. gas prices are influenced by many things that are not tied tied to inflation, weather, supply, refinery issues. in turn a lot of products are then affected by fuel. it all becomes a vicious compounding cycle that gets passed on to the consumer, once inflation is under control prices will go down but not back to old price but the new normal price.

 

[Mightydog]

They don’t seem to count consumables and what else you need to live on. Alternate reality indeed. Seems like a Harry Turtledove novel!

 

[budman93]

Anyone who isn't in denial or government can easily see inflation is far higher than they claim.

 

[spoon059]

Math is racist, therefore you are racist.

Sent from my SM-N970U1 using Tapatalk

 

[steves1911]

It's transitory everybody knows that

 

[teratos]

It’s always 3%

 

[MeatGrinder]

It’s always 3%

Well, for at least two weeks it is.

 

[small shot]

Inflation rate excludes fuel and food cost. Absolute madness to exclude but that is how they get 8.5%

 

[OldBrokenGrunt]

I am sure the rate is about to drop according to the administration once gas prices go back up to $5 and more soon. You know, since Saudi said not only NO but FU@K NO to Biden.

 

[Docster]

View attachment 382943

Certainly dry cleaning, deliveries and a few other things aren't in the Consumer Price Index or other indices used to officially determine inflation......

 

[budman93]

Inflation rate excludes fuel and food cost. Absolute madness to exclude but that is how they get 8.5%

They also put in a ludicrous housing number. They claim 4-5% based on owners equivalent rent, which is a nonsense measurement with no backing in facts. Owners guess what their house would cost to rent basically. In reality the one year in housing has been up 20% per year for the last couple.

 

[AssMan]

Don't worry...the Inflation Reduction Act will fix this. Also, Joe said that 8.5% inflation is the same as zero inflation.