Quote:
Originally Posted by Decadeofdave
People under 40 have never seen inflation like this. We have lived it a couple of times, always planned for it. This time is different because we are locked into the high level. Typically demand destruction reduces it. ...layoffs, recession etc.
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Historical inflation rates show otherwise. (2000, 2001, 2005, 2006, 2008, 2011...)
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
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