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opendoor · 03-06-2023, 10:01 PM

LOL, the guy busting out shadowstats.com CPI numbers tells you all you need to know about his credibility.

That's the beauty of compound numbers; lying about inflation in the long term is impossible because we can all see the past prices and even 1-2 percentage points discrepancy turns into massive variances over a period of decades. The idea that inflation has actually been 5-10 percentage points higher than reported for 40 years is so ridiculous, I question the basic arithmetic abilities (and the sanity) of anyone who beleives that.

03-06-2023, 10:01 PM	#1049
opendoor Franchise Player Join Date: Apr 2007 Exp:	LOL, the guy busting out shadowstats.com CPI numbers tells you all you need to know about his credibility. That's the beauty of compound numbers; lying about inflation in the long term is impossible because we can all see the past prices and even 1-2 percentage points discrepancy turns into massive variances over a period of decades. The idea that inflation has actually been 5-10 percentage points higher than reported for 40 years is so ridiculous, I question the basic arithmetic abilities (and the sanity) of anyone who beleives that. Last edited by opendoor; 03-06-2023 at 10:03 PM.