Inflation is dependent on the country you live in, many countries use different indexs to measure inflation and usually people tend to pick the one that benefits them the most.
Leaving a three word comment simplifying something quite ambiguous is laughable
The latest report from a day or so ago said 4.2% so I dunno what you are trying to say. They were trying to be brief and just point out that a raise less than inflation is decrease overall
We can agree on that inflation sucks everywhere in the world. Especially right now but since the 70s inflation rose faster than wages. But if we just stopped eating avocado toast then we would be able to afford that house.
They only just got their raise, though, so it’s the coming year of inflation that one should measure the real rate by. In any case, it will not be a real increase if the rate remains above 3%.
Inflation is dependent on the country you live in, many countries use different indexs to measure inflation and usually people tend to pick the one that benefits them the most.
Leaving a three word comment simplifying something quite ambiguous is laughable
Their point was even if you say its only 4% (costs are way higher)
The person is making less than they were the previous year.
I understand their point, but inflation wasn’t 4%
The latest report from a day or so ago said 4.2% so I dunno what you are trying to say. They were trying to be brief and just point out that a raise less than inflation is decrease overall
I’m trying to tell you inflation wasn’t 4% in the same way youre telling me it is.
You’re assuming something I highlighted in my first comment, and I’m doing the same to make a point.
the internet isn’t american
We can agree on that inflation sucks everywhere in the world. Especially right now but since the 70s inflation rose faster than wages. But if we just stopped eating avocado toast then we would be able to afford that house.
Okay, what is it then? You are missing the whole point but feel free to keep going
They only just got their raise, though, so it’s the coming year of inflation that one should measure the real rate by. In any case, it will not be a real increase if the rate remains above 3%.
Absolutely true. I don’t even live in the US. However, I do happen to know that it’s at least 4% over there, and, disturbingly, here.