I just returned from the grocery store.
I wanted some cookies to celebrate and it's been a while since I've had oreos, so I decided to take that. First surprise: they sell that shit in small packages now. Forget the huge box with four filled rows of cookies, you are getting some "top-opening" shitty plastic box with two, not even full rows of "cookies."
The price for that junk? $6.29. That's right: six fucking bucks. Plus taxes (15% because fuck you) means it will be $7.25. For some shitty, pre-made, generic cookies. Even to this day, there is a place where I can get a salad+sandwich for that price, taxes included. If I want a bit more, I can hop on some bargain app and get a full large pizza for that price (day old, but still).
I CLEARLY remember when that little packet of cookies came out in 2015. They cost $0.99 on sale. That's right, $1.15 after taxes. Sure, those cookies were not on sale today, but how much are they realistically on sale? 4.99$? $3.99 maybe?
So, what is my point? Well, I read in the news today that inflation in Canada was... 2.3% today. In fact, those people swear to God that inflation since 2015 was only 29% (https://www.bankofcanada.ca/rates/related/inflation-calculator/). That's right: these fuckers say that in the last ten years, prices only went up 29%.
Honestly, I've watched prices go up 29% this year alone. This is despite the price of many commodities (olive oil, coffee beans, etc) plummeting on the market. Did prices go down at the grocery store? No, in fact they went up some more.
I am sick and tired of being lied to in my face. "hurr durr inflation is only 2.3%" yeah 2.3% a month maybe. A fucking 1.54L of orange juice (because we buy orange jugs in 1.54L pack for some reason now) is $7.49. Back in the day, 2L was 2.99$ and maybe less on sale.
Prices of oranges has been plummetting too (down 30% - https://tradingeconomics.com/commodity/orange-juice) so why the fuck are the prices so high?
Why the fuck are you trying to tell me prices are only up 2.3% this year? I'm not even talking about houses, gas (floor price is $6 a fallon now for some reason), etc.
Somehow, we are told that inflation is only 2.3%.
I'm so fucking tired of being lied too all the time. Who do they expect will believe this shit? Why are they lying to my face like that and asking me to appreciate it? I can SEE, I can literally SEE that it's not the case. What the fuck, is this one of those 2+2=5 in 1984? I should deny what I see?
Fuck I'm sick of this shithole country
The sleight of hand is "month over month". That 2.3% is probably that...which is fucking awful. Until recently we had the same numbers down in the states.
People are getting tricked over what I like to call the "Double Derivative Tactic"
In physics:
This means that acceleration is the change, of the change, of position over time.
The 2.3%, as you say, is month to month. But it's not a raw number. It's a change. But it's a change of a change with respect to time.
So for example. Let us assume this is the price of widget:
The 1st Derivative, is the total change previous month:
So, quick, what did the rate of the inflation by?!!
3.6%.
Sure, but what did I just ask you?
The definition of inflation is the increase in the money supply, not price increases. However, the vernacular definition of inflation is rate of price increases, which is what the government is hoping to trap you on. The vernacular definition of inflation is the: change in prices.
So, I asked you: what was the change in the change of price? I asked you a double derivative.
So, did prices go up by 3.6% from February to March? No, absolutely not. The change in the change in price increased by 3.6%.
So, prices went up in February to March... by 13.6%. Not 3.6%
And if we were to actually measure prices, the rate of change in prices from January to March is 25%, not 13.6, nor 3.6
So, that's what you have to keep in mind. If someone says, "Inflation went up by 3.6%", it means that prices increased by 13.6% from last month, or 25% from 2 months ago.
This is why I argue for deflation.
This is what most economists would call an economic collapse:
1st Derivative:
2nd Derivative:
Actual Price increase
Hysterical response: "WE HAD 3.3% DEFLATION, THE MARKET IS DYING! IT'S A DEPRESSION!"
That is what it would look like if prices stabilized
This is what most economists would call "The greatest depression in human history"
1st Derivative:
2nd Derivative:
Actual Price increase:
Hysterical response: "EVERYONE IS FUCKING DEAD JIM. THE WORLD CURRENCY IS NOW PROLAPSED BLEEDING ASSHOLES"
That is also what it would look like if prices went back to normal. The Keynsian Monetary system is a monetary system addicted to cocaine and high on bath salts.