What, like Martha Stewart?
White pepo go to jail all the time, even elderly, grandmotherly types.
34x Guilty.
Within a day (and likely within 30 minutes at that...), we will know the Jury's verdict. Might as well wait for it.
One way or the other, it will be historic. This is much faster than I expected the Jury to deliberate.
Liberals are asking for all kinds of inflationary pressures. Student loan forgiveness, higher minimum wages, job protections. And most dramatically, AOC asking for lower rates when talking to Powell last year.
It's actually rather difficult for me to think of a singular Democrat policy that'd have deflationary effects... Well... There's always raising taxes which I'd strongly support. Especially right now when inflation is at the forefront of a lot of people's minds. It'd cause a slowdown in spending and likely drop prices.
doesnt stop my can of sparkling water from doubling in price in the last few years just because you want to limit “inflation” changes to ‘12 months’
You're going the wrong direction yo to his original words. I don't even know what you're complaining about anymore. The original poster was trying to stretch time out to multiple years. My joke was that shorter-time frames is what is more accurate because that's what mathematics / calculus has traditionally done.
I've said my piece, and I stand by it. I'll repeat it here.
Prices are prices. If you want to complain about prices, then complain about prices. But we all know we aren’t going to do anything about prices. Furthermore: falling prices are utterly terrible for economies, so no one wants to force deflation.
I've done many inflation topics over the last 5 years. I'm surprised at how utterly shit people around here on this topic are. I'd expected more of lemmy users to know the basics of this subject. But I do appreciate you trying to catch me on a technicality, however arbitrary it was... you've demonstrated that you're at least at the Calculus level to me.
The inflation rate is the relative change over a defined time-period. It is not a derivate.
Have you taken Calculus? This is one of the most basic of Calculus subjects. https://en.wikipedia.org/wiki/Time_derivative
Time derivatives are a key concept in physics. For example, for a changing position x its time derivative dx/dt is its velocity, and its second derivative with respect to time, d^2^x/dt^2^ is its acceleration. Even higher derivatives are sometimes also used: the third derivative of position with respect to time is known as the jerk. See motion graphs and derivatives.
I know not everyone takes Calculus. But this is quite elementary if you've taken the subject. There should be no confusion here.
Inflation is the change of price over the change of time. Or alternatively, Inflation describes the first derivative of price. What people care about however is the overall price, which unfortunately policy-makers can't really control that well. We only have controls over the change-of-prices (ie: the derivative), not the actual direct price controls.
EDIT: My note about "infinitely small intervals" is the basic limit definition of the Derivative. https://tutorial.math.lamar.edu/classes/calci/defnofderivative.aspx
While that's true, my niece in 7th grade just did her first "Rise over Run" section.
Sure, Calculus / Derivatives is 12th grade math. But the basics of "rise over run" is 7th, or even 6th or 5th grade.
The big issue is that Model 3 and Model Y only have 73%ish of the range when brand new, and then after 3 years that drops down to ~64%ish of its advertised range.
Consumers need to change their behavior before companies change their prices.
Q1 2024 saw massive declines in Starbucks and other fast food retailers. So I already knew about this trend. After waiting it out, companies are finally counteracting and offering discounts/deals.
This delay in consumer behavior and prices is strange to watch but easy to understand. Higher prices never stop my current purchase, they only make me think harder about my next purchase.
Just speaking from personal psychology here. If I'm already at McDonalds or whatever and prices are higher than I expect... I delay my next trip to McDonalds but I finish my order today.
Similarly, I don't really look at advertisements. So deals or whatever don't entice me, because I don't know about them.
Only after I visit do I see the price drops or discounts and deals, and then it only really affects my next visit. Because I already have decided on a Big Mac so I don't care that the nuggets are 20% off. When I feel like nuggets later that's when I'll think about the deal.