Okay, since you clearly know nothing of math, here is a very simple summary: 1. Prices are going up. That is the level. If inflation is greater than 0, prices are increasing. 2. Inflation is going down. That is the first derivative. If inflation is declining, that means that the rate of change on prices is decreasing. Not the rate of change in inflation. That leads us to... 3. Rate of increase in inflation is the second derivative. That is the rate of change for the rate of change. This is generally known as "acceleration." Thank you for coming to my talk on basic math. Let me know if you have any questions. Nobody wants deflation. That would be horrible for the economy. It leads to all sorts of incentive issues.
Appreciate the effort, but he is either not capable of understanding or is trolling. You're trying to play chess with a pigeon.
You are aware that inflation by a definition is the rate of change in prices and yes we are stuck with high prices. Absent a major recession bordering on a depression prices will not go down. The price of gas at the pump did go down significantly in the spring of 2020 thanks to the Covid lockdown and Trump responded by pressuring Saudi Arabia to cut production to save American producers. The last time prices declined at all was for a few months in 2009 during the worst recession since the Great Depression. The last time prices declined over a whole year was in 1954.
You clearly don't understand the concept of inflation. To say 'inflation isn't going down' is meaningless. Prices either go up or they go down. It's a yes/no variable. If prices go up it's called inflation. If they go down it's called deflation. The only meaningful way to measure it to calculate the rate of inflation. That is what anyone is talking about when they use the word 'inflation'. They are talking about the inflation rate. The inflation rate is going down.
You lefties are too funny for words. True story from ETGator1's wife: Someone on a local neighborhood website found a Walmart receipt from over three years ago in 2021. The total cost of the items was $99. The items on the list were input on the Walmart online shopping site. The total cost for the same items under Biden is now $181. I'm not as smart as you educated lefties, but that is an 83% increase for the same items in just over three years. I'm obviously confused and dumb as I see the huge price increase for the same items from the same store as inflation.
My oldest works in that space. CS undergrad from G Tech, working on his masters in math at GT. Some great internships and research working for quant investing firms among other places. I have the experience and background to build wealth the old fashion way but he has made great money already and is still in college.
You must work for the federal government. Those doing the budgets say spending is going down when only the increase in spending is going down. You lefties need to buy a clue as you are so far off of reality that it is comical.
booo. headed to London in December, lets turn this ship around... certainly you can find a better place to visit than Dallas...work?
In Dublin, Ireland: Halftime FSU 14 Ga Tech 14 King the Ga Tech transfer QB from aTm is the best QB on the field.
Here's a handy guide to help you understand the difference between the inflation rate and inflation: inflation rate of 1% = inflation inflation rate of 10% = inflation inflation rate of 100% = inflation inflation rate of -1% = deflation inflation rate of -10% = deflation inflation rate of -100% = deflation Hope that helps.
well hopefully they put you in the front of the plane that lhr dfw flight takes a minute or two but at least there are a few directs what kind of work are you doing for NCAA if I may ask
One of my GT boys just texted me the GT-FSU score. Neither follow football but they know how I feel about fsu.