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Inflation down again

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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club



    #winning
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    Sounds like you have everything you need to know

    As do I
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    RaceBannon said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    Sounds like you have everything you need to know

    As do I
    So you’re not gonna answer my question? Which of those two options would you choose?
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  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 12,729 Founders Club
    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For most on this board, yes 2024 is “better” because of asset price inflation. Anyone under 35 is royally fucked though. Congrats.
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    edited January 2024
    Bob_C said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For most on this board, yes 2024 is “better” because of asset price inflation. Anyone under 35 is royally fucked though. Congrats.
    I’m under 35…..I’m not fucked, but I do respect that you answered my question Bob thanks.

    And just FYI, even accounting for inflation, your net worth should have rose 37%….unless YOU suck, but you have no one to blame but yourself.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    HuskyBuck said:

    RaceBannon said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    Sounds like you have everything you need to know

    As do I
    So you’re not gonna answer my question? Which of those two options would you choose?
    Why would I answer your question?

    You think you're the first here with this bullshit?

    You have everything you need to know.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    Yes buck got his

    Who cares about energy and food costs killing families

    Gotta defend Biden
    You suck if you don't love the inflation of the last three years is a great campaign pitch

    Must be why Biden is doing so well
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  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 12,729 Founders Club
    HuskyBuck said:

    Bob_C said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For most on this board, yes 2024 is “better” because of asset price inflation. Anyone under 35 is royally fucked though. Congrats.
    I’m under 35…..I’m not fucked, but I do respect that you answered my question Bob thanks.

    And just FYI, even accounting for inflation, your net worth should have rose 37%….unless YOU suck, but you have no one to blame but yourself.
    Weird how M2 increased by roughly that % too.

    But it's not a bubble.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    Wages don't keep pace with inflation but you suck if you don't like it
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    edited January 2024
    I asked you a simple question (weird you didn’t answer it, it must not fit your narrative) . no one is defending anything. As usual, you got challenged with something that required critical thought and went apeshit on me!

    Inflation sucks no denying, but you have more wealth that outgrew inflation. Does that suck too?

    If you’re gonna blame Biden for food prices, are you gonna blame him for being richer?
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    HuskyBuck said:

    I asked you a simple question, no one is defending anything. As usual, you got challenged with something that required critical thought and went apeshit on me!

    Inflation sucks no denying, but you have more wealth that outgrew inflation. Does that suck too?

    I've been on this board for years

    I don't owe you anything

    You're defending high inflation

    Let's see how that works in November
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  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 12,729 Founders Club
    RaceBannon said:

    Wages don't keep pace with inflation but you suck if you don't like it

    The monthly cost of buying the median priced house has more than doubled also during that time. But CPI only has a plus ~22% cumulative effect.

    Things are great out there.
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    So you’re taking your 2020 net wealth and 2020 prices is what you’re telling me Bob? I’m unclear with your answer
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    RaceBannon said:

    HuskyBuck said:

    I asked you a simple question, no one is defending anything. As usual, you got challenged with something that required critical thought and went apeshit on me!

    Inflation sucks no denying, but you have more wealth that outgrew inflation. Does that suck too?

    I've been on this board for years

    I don't owe you anything

    You're defending high inflation

    Let's see how that works in November
    Soooooo you’re taking 2020 net worth and 2020 prices?

    Man you guys dance around more than Shakira.
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  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 12,729 Founders Club
    edited January 2024
    HuskyBuck said:

    So you’re taking your 2020 net wealth and 2020 prices is what you’re telling me Bob? I’m unclear with your answer

    Meant I'd take 2024, but I own plenty of assets, thus inflation is a rounding error to me. It's not to an overwhelming % of the population.

    I'd like to give the serfs a chance to own the land and not ring up crazy credit card debt, mainly so they don't violently take my land.
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    Bob_C said:

    HuskyBuck said:

    So you’re taking your 2020 net wealth and 2020 prices is what you’re telling me Bob? I’m unclear with your answer

    Meant I'd take 2024, but I own plenty of assets, thus inflation is a rounding error to me. It's not to an overwhelming % of the population.

    I'd like to give the serfs a chance to own the land and not ring up crazy credit card debt, mainly so they don't violently take my land.
    Once again thanks Bob I appreciate the honest answer. I apologize for the namecalling on the other thread, probably let the husky defeat get to me.
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  • Sledog
    Sledog Member Posts: 37,864 Standard Supporter
    I'm glad BidenBros inflation doesn't devalue our currency! The comrades have always been great economists!
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    You could get 18 percent on a CD in 1979

    For some reason voters still booted Carter out

    Money makes money regardless

    But the investor class is small. People that feel inflation are a large group

    Democrats were the party of the working man once upon a time

    Now you just suck if you aren't scoring big
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    edited January 2024
    RaceBannon said:

    You could get 18 percent on a CD in 1979

    For some reason voters still booted Carter out

    Money makes money regardless

    But the investor class is small. People that feel inflation are a large group

    Democrats were the party of the working man once upon a time

    Now you just suck if you aren't scoring big

    So you’re taking your 2020 net worth and 2020 prices then?

    I keep bringing this up because those are not mutually exclusive things they are connected.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    HuskyBuck said:

    RaceBannon said:

    You could get 18 percent on a CD in 1979

    For some reason voters still booted Carter out

    Money makes money regardless

    But the investor class is small. People that feel inflation are a large group

    Democrats were the party of the working man once upon a time

    Now you just suck if you aren't scoring big

    So you’re taking your 2020 net worth and 2020 prices then?
    My individual financial state is irrelevant

    Try to keep up

    2019 was better than now. And voters know it

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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    RaceBannon said:

    HuskyBuck said:

    RaceBannon said:

    You could get 18 percent on a CD in 1979

    For some reason voters still booted Carter out

    Money makes money regardless

    But the investor class is small. People that feel inflation are a large group

    Democrats were the party of the working man once upon a time

    Now you just suck if you aren't scoring big

    So you’re taking your 2020 net worth and 2020 prices then?
    My individual financial state is irrelevant

    Try to keep up

    2019 was better than now. And voters know it

    So you’re taking 2019 Net Worth and 2019 prices over 2024 net worth and 2024 prices?
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    I'm taking 2019

    Just like the voters

    Are you better off today than 4 years ago is what sunk Carter
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  • WestlinnDuck
    WestlinnDuck Member Posts: 17,633 Standard Supporter
    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For the average Joe, they were far better off in March of 2020. Real wages were rising. Now they aren't. Border was pretty secure, now it's not. School attendance was much better. Test scores are now substantially down. Credit card debt way up. When I say leftards are intellectually uncurious, mello, the dazzler and now Buck are the prime examples.
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    RaceBannon said:

    I'm taking 2019

    Just like the voters

    Are you better off today than 4 years ago is what sunk Carter

    lol you’re being disingenuous and stubborn, but you’re entitled to your choice. I wish I had the power to give you your wish….you wouldn’t like it.

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  • Sledog
    Sledog Member Posts: 37,864 Standard Supporter
    Another socialist economic wizard...
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,442 Founders Club
    WestlinnDuck said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For the average Joe, they were far better off in March of 2020. Real wages were rising. Now they aren't. Border was pretty secure, now it's not. School attendance was much better. Test scores are now substantially down. Credit card debt way up. When I say leftards are intellectually uncurious, mello, the dazzler and now Buck are the prime examples.
    So you’re taking your 2020 net worth and 2020 prices? I know you’re a Duck so that would make sense you wouldn’t progress in life.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    HuskyBuck said:

    RaceBannon said:

    I'm taking 2019

    Just like the voters

    Are you better off today than 4 years ago is what sunk Carter

    lol you’re being disingenuous and stubborn, but you’re entitled to your choice. I wish I had the power to give you your wish….you wouldn’t like it.

    If you have a point now would be a good time to reveal it

    Pretty sure you don't
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