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Started By
Message
re: Graphic showing inflation by country around the world
Posted on 12/6/22 at 4:30 pm to Oilfieldbiology
Posted on 12/6/22 at 4:30 pm to Oilfieldbiology
Transitory
0
Posted on 12/6/22 at 4:31 pm to Johnny Roastbeef
quote:Still sad about being called a folly for so long.
Why does Alaska look the way it is?
Posted on 12/6/22 at 4:36 pm to Oilfieldbiology
quote:
7.7%
Posted on 12/6/22 at 4:38 pm to Oilfieldbiology
only people who believe that “7.7%” are true believers….
Posted on 12/6/22 at 5:13 pm to Oilfieldbiology
Japan and Bolivia doing work
China is probably a lie
China is probably a lie
Posted on 12/6/22 at 6:29 pm to Oilfieldbiology
7.7 
Posted on 12/6/22 at 6:35 pm to Oilfieldbiology
Sudan blowing out
Posted on 12/6/22 at 6:37 pm to Oilfieldbiology
The socialist/leftist countries of the Western Hemisphere (Cuba, Venezuela, Argentina, etc.) are getting pounded.
Yet, people keep voting for more of it. Incredible.
Yet, people keep voting for more of it. Incredible.
Posted on 12/6/22 at 7:02 pm to fallguy_1978
quote:
Modern Monetary Theory debunked with a single graphic
Not really. Japan is the only country that employs anything close to MMT. And only countries with monetary sovereignty would be able to employ it anyway, which most countries don't have.
Posted on 12/6/22 at 7:05 pm to BlueCheckCertified
quote:
300,000% in Venezuela? How? Does inflation really count if nobody buys anything?
Money is weighed at the purchase...no counted per se.
Posted on 12/6/22 at 7:17 pm to Klark Kent
quote:
Argentina going for the record with multiple years of 100% inflation.
I was just down there, they REALLY want paper US dollars. The taxi drivers will give a nice discount for them. Not Zimbabwe levels of inflation yet there, but it's been absurd for a long time.
Interesting factoid - Steve Goodman wrote Banana Republics, not Jimmy Buffett.
Posted on 12/6/22 at 8:19 pm to Tigris
Surprising that India has one of the best Inflation numbers. The USD to INR has been off the charts last one year.
Posted on 12/6/22 at 8:26 pm to Oilfieldbiology
269% inflation in Zimbabwe is actually an improvement over the last 20 years.
Posted on 12/6/22 at 8:30 pm to Tigris
yep. American corporations with offices down there can’t hold onto folks unless the pay them in USD. You can’t give those employees raises fast enough to retain them.
Posted on 12/6/22 at 9:18 pm to Oilfieldbiology
"china low due to dampened domestic demand"
Ohhhhh frick you, whoever made this BS graph.
And frick Janet Yellen for claiming people buying stuff was why inflation was high.
Lying arse mfers.
Ohhhhh frick you, whoever made this BS graph.
And frick Janet Yellen for claiming people buying stuff was why inflation was high.
Lying arse mfers.
Posted on 12/6/22 at 10:26 pm to LSUgusto
quote:
The socialist/leftist countries of the Western Hemisphere (Cuba, Venezuela, Argentina, etc.) are getting pounded.
I don't think you understand. They did it wrong. It will work here.
Posted on 12/7/22 at 4:18 am to Oilfieldbiology
The crate of 36 eggs which used to be the best value at the grocery store were ~$4.50 about a year ago. They are $15 now.
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