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Go on then (sh.itjust.works)

submitted 4 days ago by StarvingMartist@sh.itjust.works to c/simpsonsshitposting@sh.itjust.works

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[–] surph_ninja@lemmy.world 3 points 4 days ago (1 children)

That’s not “inflation.” That’s tariffs. And it wasn’t “inflation” under Biden. It was price gouging.

Fuck, I wish some of y’all would read a book once in a while.

[–] bollybing@lemmynsfw.com -1 points 4 days ago (1 children)

Tariffs cause inflation. Price gouging also causes inflation.

[–] surph_ninja@lemmy.world 1 points 4 days ago (1 children)

“Inflation” doesn’t just mean ‘prices go up.’ Again, please read a fucking book.

[–] bollybing@lemmynsfw.com 0 points 3 days ago (1 children)

It pretty much does.

In economics, inflation is an increase in the average price of goods and services in terms of money.[4][5]: 579 This increase is measured using a price index, typically a consumer price index (CPI).

https://en.wikipedia.org/wiki/Inflation?wprov=sfla1

[–] surph_ninja@lemmy.world 1 points 2 days ago

No, profit percentages remain relatively flat during inflationary increases. That’s not what we’re seeing at all. Profit percentages are at an all-time high.