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stop confusing inflation with price

Posted on: September 8, 2022 at 10:55:21 CT
meatiger MU
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Are they correlated...can be

Inflation is the actual amount of money supply

Price is what you actually pay, and has been confused because government sort of stole that term by calling CPI as "consumer inflation"

Someone either talked about or linked an article by moving to CPI, they can now blame companies for prices rather than government..by saying companies price fixed, intentionally lowered supply, or gouged...all of which has truths

having worked in agriculture where supply can be very much influenced by many outside factors (of which true inflation is one), I have gotten some of the terms backwards or off, but also I think others with agendas miss things as well.

This is one area where I do avoid arguments with Pickle for two reasons..I do not fully understand everything perfectly, and he gets a bit stubborn in his blame of all things government as well.
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MESSAGE THREAD

Inflation: State-Sponsored Terrorism - pickle MU - 9/8 09:41:40
     Very good read (nm) - MIZ45 MU - 9/8 12:17:51
     Good article---thanks for posting - mu7176grad MU - 9/8 11:22:51
     excellent article/essay (nm) - zounami MU - 9/8 09:59:51
          Yes Pickles - Good Article - Catturd USMC - 9/8 10:17:21
          good to see you’ve come around - pickle MU - 9/8 10:03:29
               lol, from the article you posted: "Inflationism is... - zounami MU - 9/8 10:05:42
                    Inflationism vs. Inflation. (nm) - ummmm MU - 9/8 10:14:40
                    pay closer attention - pickle MU - 9/8 10:10:03
                         I *never* said the money supply isn't a big factor.... - zounami MU - 9/8 10:16:55
                              it’s the only factor. it is the definition - pickle MU - 9/8 10:21:14
                                   here we go again... you need to update your dictionary - zounami MU - 9/8 10:26:41
                                        sigh, no (nm) - 90Tiger STL - 9/8 17:05:21
                                        incorrect. price increases are a result of inflation (nm) - pickle MU - 9/8 10:52:06
                                             you're proving my point (nm) - zounami MU - 9/8 10:54:53
                                        a rise in demand isn't inflation - ashtray UF - 9/8 10:33:16
                                             I never said it was. (nm) - zounami MU - 9/8 10:33:57
                                                  you are implying that any increase in prices is inflation - ashtray UF - 9/8 10:35:25
                                                       not implying that, either (nm) - zounami MU - 9/8 10:35:50
                                                            so if it's not *just* about the money supply - ashtray UF - 9/8 10:37:21
                                                                 it's about supply and demand, and demand is typically - zounami MU - 9/8 10:42:54
                                                                      no (nm) - pickle MU - 9/8 10:52:41
                                                                      no, it has nothing to do with supply/demand - ashtray UF - 9/8 10:43:45
                                                                           wrong... the "inflation" we're seeing today is due to an - zounami MU - 9/8 10:49:07
                                                                                stop confusing inflation with price - meatiger MU - 9/8 10:55:21
                                                                                     I'm not... these semantic arguments about the old/classical - zounami MU - 9/8 11:04:46
                                                                                          they didn't change the meaning - ashtray UF - 9/8 11:15:20
                                                                                               I never said they did, I was quoting meatiger... - zounami MU - 9/8 11:27:16
                                                                                                    the term has only changed for the ignorant - ashtray UF - 9/8 11:30:50
                                                                                                         no, only *morons* haven't realized that economists use the - zounami MU - 9/8 11:31:59
                                                                                                              not a good economist - ashtray UF - 9/8 11:33:53
                                                                                                                   nobel laureates in economics use the term that way now (nm) - zounami MU - 9/8 11:35:05
                                                                                                                        not all of them and nobel laureates also claim that climate - ashtray UF - 9/8 11:36:04
                                                                                "due to an increase in the money supply" - ashtray UF - 9/8 10:54:38
                                                                                     Not sure I completely agree with you on that - meatiger MU - 9/8 10:57:27
                                                                                          you should (nm) - ashtray UF - 9/8 11:00:18
                                                                                     "too much money... CHASING TOO FEW GOODS" (nm) - zounami MU - 9/8 10:56:05
                                                                                          no (nm) - pickle MU - 9/8 11:03:15
                                                                                          the "too few goods" part is what confuses you, apparently - ashtray UF - 9/8 10:59:30
                                                                                               btw, there's no "confusion" only a semantic argument... - zounami MU - 9/8 11:12:06
                                                                                               "if supply of goods is the same"... you just defeated your - zounami MU - 9/8 11:06:11
                                                                                                    no, you're just really confused - ashtray UF - 9/8 11:13:57
                                                                                                         once again, you have no clue what you're talking about (nm) - zounami MU - 9/8 11:28:00
                                                                                                              lol... arrogant ignorance is always good for a laugh (nm) - ashtray UF - 9/8 11:31:29
                                                                                                                   you're a classic example of the Dunning-Kruger Effect (nm) - zounami MU - 9/8 11:33:13
                                                                                                                        wow! project much? (nm) - ashtray UF - 9/8 11:34:33
                                                                                                                             no, just stating a fact (nm) - zounami MU - 9/8 11:35:33
                                                                                                                                  I'm sure you think you are - ashtray UF - 9/8 11:37:13
                                                                                no (nm) - pickle MU - 9/8 10:52:55
                                                                                     it's literally stated in the article/essay *you* posted (nm) - zounami MU - 9/8 10:54:13
                                                                                          it isn’t (nm) - pickle MU - 9/8 10:55:31
     Everyone should read this. (nm) - ummmm MU - 9/8 09:59:09




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