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Math Help

Y.A.G Si Ye Nots

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Mar 7, 2010
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Banker, for obvious reasons relating to the showcasing of your math expertise over the years, you are excluded from this thread.

Assuming the average middle-class chump saves $1500/year with the new tax brackets, how much does that chump save over the course of a year if he pays $250 more per month due to inflation for the increase in gas, milk, coffee, chocolate, and other usual staples of society's consumerism?
 
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Banker, for obvious reasons relating to the showcasing of your math expertise over the years, you are excluded from this thread.

Assuming the average middle-class chump saves $1500/year with the new tax brackets, how much does that chump save over the course of a year if he pays $250 more per month due to inflation for the increase in gas, milk, coffee, chocolate, and other usual staples of society's consumerism?
well, he has 1500 more in his wallet to spend on items that now cost more money. Would you rather have 1500 less and inflation?
 
well, he has 1500 more in his wallet to spend on items that now cost more money. Would you rather have 1500 less and inflation?

I'd prefer a president whose policies didn't cause big inflation. Deplorables (also know as the "we love the uneducated" crowd) don't realize that the tax cuts cheeto keeps pumping actually are meaningless when his other economic policies makes them pay more money.
 
I'd prefer a president whose policies didn't cause big inflation. Deplorables (also know as the "we love the uneducated" crowd) don't realize that the tax cuts cheeto keeps pumping actually are meaningless when his other economic policies makes them pay more money.
I would think it is a little early in the game to make that statement. here is a link to inflation rates since 1914

http://www.usinflationcalculator.com/inflation/historical-inflation-rates/

There is more involved in inflation rates that what you propose. The current rate is about where the average rate has been now for the past 25 to 30 years. For example the rate was 3.2 in 2011 and 2.1 in 2012 both years before Trump. Of course the rates preformed better in 2013 and 14. The current rate is about the norm and it is normal to have slight variations over the course of time. So I don't agree with your view.Here is a short article that explains this subject. Anyone who ever took a basic Economics class would know this info.

https://www.moneycrashers.com/what-is-inflation-definition-causes-inflation-rate/
 
Banker, for obvious reasons relating to the showcasing of your math expertise over the years, you are excluded from this thread.

Assuming the average middle-class chump saves $1500/year with the new tax brackets, how much does that chump save over the course of a year if he pays $250 more per month due to inflation for the increase in gas, milk, coffee, chocolate, and other usual staples of society's consumerism?

There are a couple glaring flaws in your example. One flaw is your assumption that inflation is a result of the tax cuts, i.e. the price of milk only rose because Trump lowered my taxes. That’s asanine. If anything, the tax cuts are providing a cushion against inflation, which happens every year regardless. How much worse off would one be if not for that extra “$1,500?”


That should end the entire thread. However, for the sake of argument, where are you getting your numbers? $1,500/year and $250/month sound like they were pulled out of thin air. In your example, the tax savings are intentionally low and the added cost of inflation is intentionally high. And I can tell you that my wife and I, who are squarely middle class, are saving much more than $1,500/year thanks to lower taxes, and will get an absolute minimum of $4,000 more, on top of that, from the child tax credit.

So...help me understand your numbers and your assumption that prices will rise solely because of a tax cut.
 
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Inflation as I understand it can have a multitude of causative agents.

Wouldn’t increasing minimum wage also increase inflation?

It’s hard to pin inflation on just the tax cuts as there are all kinds of variables. Does it contribute - possibly - but really hard to quantify how much I’d guess.
 
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I love this board. Economics lessons from an assistant football coach/music producer. Priceless. That's almost as good as when you regale us with your knowledge of Constitutional law.

15d69t.jpg
 
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I love this board. Economics lessons from an assistant football coach/music producer. Priceless. That's almost as good as when you regale us with your knowledge of Constitutional law.

15d69t.jpg

Rifle and I had the same major, so I am going to assume he's had a healthy dose of econ classes. He should also be pretty good at statistical analysis and have a broad knowledge of Constitutional law....probably for more than one nation's constitution, at that.

I really enjoy reading law. At one time I wanted to go to law school, and while that has been a long time ago I still have an interest in the subject.
 
$250 a month is rather high. Then again, if we go all out on trade war that number may end up being a little low...the question then will be if people understand we will have to suffer some to get our house in order.

We are already being killed on tariffs. We have a LOT more wiggle room than virtually any other country we deal with in a trade war. Those will be easy victories because countries like China, etc know they are already getting the better of us by a long shot and any movement will be in our favor.
 
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There are a couple glaring flaws in your example.

.

You don't have the ability to ever find "flaws" in my work. Here, let me help you . . . and for everyone else that has read this thread and hasn't noticed BC's horrendous reading comprehension and straw men, please take the time to actually process what you're reading:


One flaw is your assumption that inflation is a result of the tax cuts, i.e. the price of milk only rose because Trump lowered my taxes.

So...help me understand your numbers and your assumption that prices will rise solely because of a tax cut.

Show me anywhere in my two posts in this thread where I claimed that inflation was the result of the tax cuts. Fvck, show where I even remotely alluded to that. You can't. Why can't you? Because I fvcking didn't. In fact, I very cleary stated that "Deplorables don't realize that the tax cuts cheeto keeps pumping actually are meaningless when his OTHER economic policies make them pay more money."

Do you have any idea what "other" means? That statement clearly shows that it is cheeto's OTHER economic policies that are causing the inflation and making people pay more.

GOD DAMMIT: I AM SO FVCKING SICK OF HAVING TO DUMB THINGS DOWN ON THIS BOARD AND REPEATEDLY GO OVER THINGS BECAUSE PEOPLE LACK BASIC READING COMPREHENSION. Once again, this isn't the case of poor writing, ambigious language being used, or me not being articulate enough. The statement very clearly blames cheeto's "other economic policies" for why they are paying more than they are saving with the tax cuts.

Here is the statement again for you . . . "Deplorables (also know as the 'we love the uneducated' crowd) don't realize that the tax cuts cheeto keeps pumping actually are meaningless when his other economic policies make them pay more money."

@ohio herd ,
since you liked BC's post, maybe you can explain how the both of you can be so fvcking dense to totally create and support straw men like that against me?


T

That should end the entire thread. However, for the sake of argument, where are you getting your numbers? $1,500/year and $250/month sound like they were pulled out of thin air.

.

A family of four in Omaha making $50,000 is considered middle class. A family of four in Omaha making $150,000 is also considered middle class. All other things equal, those incomes allow for far different lifestyles even though both are considered middle class.

Even though both are considered middle class, the tax savings for both would be significantly different. Hence, I couldn't accurately put a number down to represent tax savings for the middle class since there are so many variables in what goes into that. So, yes, $1500 was just a number. The $250 took about ten more seconds of thinking to come up with. I don't pay attention to prices much, but I know that gas has gone up about $.45/gallon over the last handful of months. Assuming a husband and wife each fill up once per week, that means they are spending $80 more per month just on gas. That's nearly $1000 more per year in just additional fuel costs. Now, you don't think inflation will account for an additional thousand or two, at least, for an entire year?

The point remains the same; the uneducated, who cheeto has an overwhelming number of, aren't intelligent enough to realize that tax cuts could easily be offset by inflation costs . . . due to "HIS OTHER ECONOMIC POLICIES."


I love this board. Economics lessons from an assistant football coach/music producer. Priceless. That's almost as good as when you regale us with your knowledge of Constitutional law.

I can't help it that I am far more well-rounded on numerous topics than you are. You also fail to acknowledge that I spent nearly a decade in the private sector including being a director of a division/partner in a company that increased annual revenue from $25 million to nearly $45 million in my five years there.

Everything I touch turns to gold . . . well, except for music records. Those tend to turn platinum.

You're too dumb to realize - that if you read correctly - nothing I am saying is an economic lesson. Nothing I am saying - assuming you morons know how to read - is disputed. cheeto's policies have and will continue to cause inflation.
 
You don't have the ability to ever find "flaws" in my work. Here, let me help you . . . and for everyone else that has read this thread and hasn't noticed BC's horrendous reading comprehension and straw men, please take the time to actually process what you're reading:




Show me anywhere in my two posts in this thread where I claimed that inflation was the result of the tax cuts. Fvck, show where I even remotely alluded to that. You can't. Why can't you? Because I fvcking didn't. In fact, I very cleary stated that "Deplorables don't realize that the tax cuts cheeto keeps pumping actually are meaningless when his OTHER economic policies make them pay more money."

Do you have any idea what "other" means? That statement clearly shows that it is cheeto's OTHER economic policies that are causing the inflation and making people pay more.

GOD DAMMIT: I AM SO FVCKING SICK OF HAVING TO DUMB THINGS DOWN ON THIS BOARD AND REPEATEDLY GO OVER THINGS BECAUSE PEOPLE LACK BASIC READING COMPREHENSION. Once again, this isn't the case of poor writing, ambigious language being used, or me not being articulate enough. The statement very clearly blames cheeto's "other economic policies" for why they are paying more than they are saving with the tax cuts.

Here is the statement again for you . . . "Deplorables (also know as the 'we love the uneducated' crowd) don't realize that the tax cuts cheeto keeps pumping actually are meaningless when his other economic policies make them pay more money."

@ohio herd ,
since you liked BC's post, maybe you can explain how the both of you can be so fvcking dense to totally create and support straw men like that against me?




A family of four in Omaha making $50,000 is considered middle class. A family of four in Omaha making $150,000 is also considered middle class. All other things equal, those incomes allow for far different lifestyles even though both are considered middle class.

Even though both are considered middle class, the tax savings for both would be significantly different. Hence, I couldn't accurately put a number down to represent tax savings for the middle class since there are so many variables in what goes into that. So, yes, $1500 was just a number. The $250 took about ten more seconds of thinking to come up with. I don't pay attention to prices much, but I know that gas has gone up about $.45/gallon over the last handful of months. Assuming a husband and wife each fill up once per week, that means they are spending $80 more per month just on gas. That's nearly $1000 more per year in just additional fuel costs. Now, you don't think inflation will account for an additional thousand or two, at least, for an entire year?

The point remains the same; the uneducated, who cheeto has an overwhelming number of, aren't intelligent enough to realize that tax cuts could easily be offset by inflation costs . . . due to "HIS OTHER ECONOMIC POLICIES."




I can't help it that I am far more well-rounded on numerous topics than you are. You also fail to acknowledge that I spent nearly a decade in the private sector including being a director of a division/partner in a company that increased annual revenue from $25 million to nearly $45 million in my five years there.

Everything I touch turns to gold . . . well, except for music records. Those tend to turn platinum.

You're too dumb to realize - that if you read correctly - nothing I am saying is an economic lesson. Nothing I am saying - assuming you morons know how to read - is disputed. cheeto's policies have and will continue to cause inflation.


So are you advocating for “deflation”?
 
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We are already being killed on tariffs. We have a LOT more wiggle room than virtually any other country we deal with in a trade war. Those will be easy victories because countries like China, etc know they are already getting the better of us by a long shot and any movement will be in our favor.

I am specifically talking about tariffs on raw materials and consumer goods imported into the US. If consumers were being killed paying for tariffs on these goods we would not be talking about raising tariffs. I'm not sure how that sailed past you, as we both agree we need to slap some serious tariffs on China...and I assume we both understand consumers will pay the costs of tariffs.
 
I'd prefer a president whose policies didn't cause big inflation. Deplorables (also know as the "we love the uneducated" crowd) don't realize that the tax cuts cheeto keeps pumping actually are meaningless when his other economic policies makes them pay more money.
I have hit bonus 9 months in a row under Trump. The corporate suites thought they had the goal jacked high enough on me that I would not get it.

Thanks Donald. I like green bills in my wallet.
 
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Rifle and I had the same major, so I am going to assume he's had a healthy dose of econ classes. He should also be pretty good at statistical analysis and have a broad knowledge of Constitutional law....probably for more than one nation's constitution, at that.

I really enjoy reading law. At one time I wanted to go to law school, and while that has been a long time ago I still have an interest in the subject.
I didn't know you majored in basket weaving.;)
 
The current national avg price per gallon ~$2.90. It peaked during the Obummer years at ~$3.60/gal. The YOY core inflation rate in 2011 peaked at 3%. Currently we are running about 1.9% Funny. No concern about "inflationary policies" for the avg guy then. Too busy celebrating the tax increases on them I guess.
 
Rifle, STFU with the reading comprehension. Good God, you need a new schtick badly.

It's obvious from the message that I replied to that I was only reading your original post. Like most of the "original thoughts" you share on here, the reality is you read it on a meme on Facebook or some other social media before posting it on here. The notion that Trump's tax cuts are causing gas prices to rise is on Facebook almost daily. You're simply parroting that.

As for your figures, thanks for admitting you pulled them out of thin air. You should work for the CBO.
 
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You don't have the ability to ever find "flaws" in my work. Here, let me help you . . . and for everyone else that has read this thread and hasn't noticed BC's horrendous reading comprehension and straw men, please take the time to actually process what you're reading:




Show me anywhere in my two posts in this thread where I claimed that inflation was the result of the tax cuts. Fvck, show where I even remotely alluded to that. You can't. Why can't you? Because I fvcking didn't. In fact, I very cleary stated that "Deplorables don't realize that the tax cuts cheeto keeps pumping actually are meaningless when his OTHER economic policies make them pay more money."

Do you have any idea what "other" means? That statement clearly shows that it is cheeto's OTHER economic policies that are causing the inflation and making people pay more.

GOD DAMMIT: I AM SO FVCKING SICK OF HAVING TO DUMB THINGS DOWN ON THIS BOARD AND REPEATEDLY GO OVER THINGS BECAUSE PEOPLE LACK BASIC READING COMPREHENSION. Once again, this isn't the case of poor writing, ambigious language being used, or me not being articulate enough. The statement very clearly blames cheeto's "other economic policies" for why they are paying more than they are saving with the tax cuts.

Here is the statement again for you . . . "Deplorables (also know as the 'we love the uneducated' crowd) don't realize that the tax cuts cheeto keeps pumping actually are meaningless when his other economic policies make them pay more money."

@ohio herd ,
since you liked BC's post, maybe you can explain how the both of you can be so fvcking dense to totally create and support straw men like that against me?




A family of four in Omaha making $50,000 is considered middle class. A family of four in Omaha making $150,000 is also considered middle class. All other things equal, those incomes allow for far different lifestyles even though both are considered middle class.

Even though both are considered middle class, the tax savings for both would be significantly different. Hence, I couldn't accurately put a number down to represent tax savings for the middle class since there are so many variables in what goes into that. So, yes, $1500 was just a number. The $250 took about ten more seconds of thinking to come up with. I don't pay attention to prices much, but I know that gas has gone up about $.45/gallon over the last handful of months. Assuming a husband and wife each fill up once per week, that means they are spending $80 more per month just on gas. That's nearly $1000 more per year in just additional fuel costs. Now, you don't think inflation will account for an additional thousand or two, at least, for an entire year?

The point remains the same; the uneducated, who cheeto has an overwhelming number of, aren't intelligent enough to realize that tax cuts could easily be offset by inflation costs . . . due to "HIS OTHER ECONOMIC POLICIES."




I can't help it that I am far more well-rounded on numerous topics than you are. You also fail to acknowledge that I spent nearly a decade in the private sector including being a director of a division/partner in a company that increased annual revenue from $25 million to nearly $45 million in my five years there.

Everything I touch turns to gold . . . well, except for music records. Those tend to turn platinum.

You're too dumb to realize - that if you read correctly - nothing I am saying is an economic lesson. Nothing I am saying - assuming you morons know how to read - is disputed. cheeto's policies have and will continue to cause inflation.

I can understand why you didn't want me involved.

The standard used for annual mileage on a vehicle is 12,000 miles a year. So if a husband and wife each have a car, that's 2,000 miles per month. If you assume 20 mpg, which is probably low, that means they use 100 gallons per month for both cars combined. A $0.45 increase in gas would cost them $45.00 per month. That means you only inflated the increased gas cost impact by 78%.
 
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I love this board. Economics lessons from an assistant football coach/music producer. Priceless. That's almost as good as when you regale us with your knowledge of Constitutional law.

15d69t.jpg
his confidence exceeds his knowledge. it’s funny all idiot libs hit the same talking points on the same day
 
Rifle, STFU with the reading comprehension. Good God, you need a new schtick badly.

It's obvious from the message that I replied to that I was only reading your original post. Like most of the "original thoughts" you share on here, the reality is you read it on a meme on Facebook or some other social media before posting it on here. The notion that Trump's tax cuts are causing gas prices to rise is on Facebook almost daily. You're simply parroting that.

As for your figures, thanks for admitting you pulled them out of thin air. You should work for the CBO.
you are correct his game is lame and tired.
 
Rifle, STFU with the reading comprehension. Good God, you need a new schtick badly.

Learn to fvcking read and I won't have to harp on it constantly. Need more proof? Keep reading . . .

Like most of the "original thoughts" you share on here, the reality is you read it on a meme on Facebook or some other social media before posting it on here.
.

Oh, trying Herdman's strategy which blew up in his face.


The notion that Trump's tax cuts are causing gas prices to rise is on Facebook almost daily.

.

I browse Facebook nearly every day. I have never once seen a meme or comment that that tax cuts caused gas prices to go up. That makes no sense in any way. But since you claim that meme is on Facebook almost daily, you should have absolutely no problem proving it, right? Simply take a picture with your phone of the meme when you see it the next few times, then post it. We both absolutely know you can't do it because you're full of shit.

Now, to really show how stupid you are . . . you claim that you were only responding to my first message. Where in my first message is there any indication that I am claiming that the tax cuts increased gas prices? Show us - where, in any way, could you draw that conclusion?

Then, to show how absurd your desperate attempt is, explain this: why, just an hour after my first post, would I make such a clear statement showing that it was "other economic policies" that caused the gas increase? If you were correct in what your pathetic attempt, why would I have made such a clear statement showing the exact opposite of what you claim when nobody had even mentioned that? Doh!

Finally, even if your reading comprehension was stunted when responding to my first post, are you saying that you posted and then didn't read the rest of the messages in the thread before or even after you made your post? Of course you read the other messages. So even if your reading comprehension was wrong in my first post, how could you be so idiotic to not edit your post after seeing my very clear statement on the topic in my second post which was just an hour after my first?

There is only one explanation: your reading comprehension, like that of many others on here, is entirely shit.
 
The standard used for annual mileage on a vehicle is 12,000 miles a year.


Really? Lets see what the Department of Transportation and Federal Highway Administration's statistics say about that:

https://www.fhwa.dot.gov/ohim/onh00/bar8.htm

Doh! Unless you're a 65+ year old man, you are driving anywhere from approximately 30% -50% more than your 12,000 miles estimate. Even the average of male and females between the ages of 20-54 years old is over 15,000 miles per year.


Currently we are running about 1.9%
.

No, currently we are running at 2.2%.

The YOY core inflation rate in 2011 peaked at 3%.

Really? That's news to everyone. Prove that the core inflation rate went to 3% in 2011.
 
https://www.thebalance.com/u-s-inflation-rate-history-by-year-and-forecast-3306093

Clarification: 3% inflation rate in 2011 compared to ~2.1% (pretty much the same for the last 2 years) now.

Would you still prefer deflation?


No! You’re still fvcking lying. Your original claim was that the CORE inflation rate was 3%. You’re now trying to support that statement by using the peak regular inflation rate. There is a huge difference between the two.

Your claim for both the current core (which you claimed to clarify) was wrong. Your claim that the core inflation peak for Obama’s time (2011) was wrong. Your clarification for the core now is still wrong, and even your new attempt for 2011 is completely different than the stat you originally were using.

Either you have no idea what you’re fvcking talking about - which could be the case - or you’re purposely switching between two completely different statistics in a dishonest attempt to make yourself appear to be not as wrong as you originally were shown to be.

Stop your fvcking lying.
 
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Oh, trying Herdman's strategy which blew up in his face.
---------------------------------------------------

It did? Bull shit. You were using talking points.
 
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Rifle… The way you crafted your first post is a very tricky way people like you often try to fool people...because you want to mislead and be deceptive if it helps your cause. You presented the idea of tax cuts and inflation being parallels, while not directly linking the two. But it was absolutely intended for people who don’t know any better to read that and assume that one causes the other. Otherwise, why would you put the two side by side and try to draw the comparison?
 
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Oh, trying Herdman's strategy which blew up in his face.
---------------------------------------------------

It did? Bull shit. You were using talking points.

You act like "talking points" has some negative connotation. Do you even know what talking points refers to?

Your argument wasn't that I was using "talking points." Anything that elicits discussion - especially if it is used to argue a side - could be considered a "talking point." In that case, just about everything posted on here would be a talking point.

Your claim was that what I had posted was the same thing as you had seen on social media. In reality, it wasn't. My point was to mock those on this board who were claiming that Liberals were supporting the enemy and wanting the U.S. to lose. I haven't seen any of those claims on social media. You then used specific examples of what you had seen on social media, neither of which I used. I used completely different examples to argue something exclusive to HerdNation which is not on social media, because frankly, even social media doesn't have conservatives as dumb as the ones on this board to argue the absurd things you guys attempt.



Rifle… The way you crafted your first post is a very tricky way people like you often try to fool people...because you want to mislead and be deceptive if it helps your cause. You presented the idea of tax cuts and inflation being parallels, while not directly linking the two. But it was absolutely intended for people who don’t know any better to read that and assume that one causes the other. Otherwise, why would you put the two side by side and try to draw the comparison?


Is this really what you want to go with? Your claim is that I was being "very tricky" to "fool people" so I could "mislead" and be "deceptive?" God damn, this is getting pathetic.

In that case, without having been called out on any relationship between the tax cuts and gas increase, why would I have made a clear statement showing there wasn't a relationship just an hour after the original post?

Do you see how fvcking stupid your accusation is? It makes absolutely no sense. "Hey, I am going to try and be very tricky, fool people, mislead, and be deceptive, but then an hour later without being called out on it, I am going to make an even clearer statement admitting that I was being all of those things in my original post." Brilliant!

Your reading comprehension leaves a lot to be desired. You were completely wrong with your accusation, can't read, and are full of shit. You wanted to read something that just wasn't there, you jumped the gun, and now egg is on your face.

Let me dumb this down for you: pretend you and your wife have agreed to save money for a vacation by cutting back on your use of air conditioning and other electricity consumption. You know you can cut your electricity bill by $75/month by doing this. But at the same time, you start eating out for dinner two more times per week than usual.

If somebody says to you, "Hey, are you really saving up for a vacation if you're saving $75/month on electricity but spending $150 more than you used to on dining," does that mean your reduction in electricity is causing the increase in food spending? I mean, after all, they were introduced at the same time, so there has to be a parallel there, right?

I look forward to seeing all of those Facebook memes that you take pictures of your screen of to show all of the people claiming that the tax cuts directly caused the gas hike.
 
Your clarification for the core now is still wrong, and even your new attempt for 2011 is completely different than the stat you originally were using.

My clarification did not include “core” at all. Straight up YOY inflation rates. 3% in 2011 and running about 2.1% now according to graph.

Quit lying.
 
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Since he refuses to answer the question it also appears Rifle appears to prefer policies which favor deflation.
 
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My clarification did not include “core” at all. Straight up YOY inflation rates. 3% in 2011 and running about 2.1% now according to graph.

Quit lying.

That's the fvcking point, moron. In your original post that I called out for being bullshit, you were using core. You claimed that "The YOY core inflation rate in 2011 peaked at 3% . . . currently we are running about 1.9%."

I called that out for being completely false, which it is. You then claimed you were "clarifying" that statement. Clarifying is explaining something better or giving more detail to help better understand it. That's not what you did. You completely changed the statistic you were using because you know you presented a bunch of bullshit. You were lying, or as Banker says about you, you "misrepresent."

So, why flip from core to regular if you were just "clarifying"? We both know why, liar.


Rifle… Why put the two side-by-side if you’re not trying to draw the comparison? It’s that simple.

Jesus Christ, try reading. The issue isn't about putting things or not putting things side-by-side. It is about liarherdfan presenting a bunch of bullshit statistics that are false. When called out on it, he claims to "clarify" his stats by then completely changing the type of statistics he is presenting.
 


running about 2.1% now according to graph.

According to graph? You mean the one in the link you provided (which I quoted) from six months ago?

I really don't know if you truly are just not a very bright guy or if you are a habitual liar. I think, at times, it is a strong mix of both.

Your claim that it is "running about 2.1% now" is complete bullshit just like all of your other attempts in this thread. It is close to 3% now, as it finished at 2.8% at the end of May, not 2.1% like you claim.

You should probably "clarify" and switch to yet another statistic because this second attempt by you is failing you again.
 
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