Yea but the fed says we have max 2% inflation in the U.S
It's amazing how much Orange Juice the USA gets through to compensate nearly for everything else LOL
Yea but the fed says we have max 2% inflation in the U.S
Yea but the fed says we have max 2% inflation in the U.S
He made 120 billion this year. Its all paper profits. Yes this is a bubble.
Yea but the fed says we have max 2% inflation in the U.S
WRONG, not happy cause POOR!!, Love the Musk, fellow none PC Geek, good to see 1 billionaire trying to make the Earth a better place.
One neat trick is to slightly reduce the quantity, to keep the price the same. A few less ounces of OJ, a few less ounces of bacon. Keep the price the same. Presto no inflation.
You are truly thinking that Elon Musk is trying to make the earth a better place? Then you must be deluded. You also thought Brexit will make the UK a better place. Equally wrong.
Just a small correction, the official inflation rate is much lower than 2% as per the data. The Fed says they want to achieve a 2% inflation rate, this is their benchmark mainly for them to take action on monetary policy and interest rates. Recently they changed that to achieving an "AVERAGE of 2%", which means that if inflation rate shoots up above their 2% benchmark, they still won't act on monetary policy, but rather consider the average.
If you have some time, read "How to Lie with Statistics".