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As Lumber Prices Fall, the Threat of Inflation Loses Its Bite

Tahuyaman

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Yep, inflation doesn't manifest itself in rising prices. Lol. Them I guess hyper inflation doesn't result in drastically higher prices. If something cost $1,000.00 in 2020 and in 2021 the same product costs $1,800.00, that's not inflation. Lol.


Where do people get these ideas?
 

Visbek

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Yep, inflation doesn't manifest itself in rising prices.
:rolleyes:

No one said anything remotely along those lines. In fact, I said the exact opposite.

If something cost $1,000.00 in 2020 and in 2021 the same product costs $1,800.00, that's not inflation.
:rolleyes:

If one and only one product increases to $1800 in a single year, and then drops to $1400 in just a few weeks, and back down to $1000 a few months later, because short-term issues like supply shocks or increased demand? Then that's not inflation.

If two or three or four products see price increases at different rates, while dozens of products do not increase in price, because of short-term issues like supply shocks or increased demand? Then that's not inflation either.

If everything increases by roughly 80% because of changes made by the central bank? Then yes, that's inflation.

That's why we measure inflation not based on a single commodity (like lumber or gas), but on a basket of goods that represents what most people actually purchase.

Yeesh.
 

Tahuyaman

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Liberals are all over the map. They constantly move the goal posts and c red ith use comments no one made. Then they deny they did that. The. They immdedisty do it again.
 
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