LG reconsidering $1.3 billion Arizona battery plant in light of "unprecedented economic...

scavengerspc

Posts: 2,837   +3,096
TechSpot Elite
I believe you're missing the point. There was no "US inflation" in 1634" because there was no US; the dollar wouldn't even exist for another century and a half.
And I believe you still haven't read the authors explanation at the bottom of the page. I will never understand how you can comment on things you dont read.

"Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society.
You may use the following MLA citation for this page: “Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jul. 2022, https://www.officialdata.org/."

Now you're just being intentionally obtuse. I already gave multiple examples, in post #17 and #13, one using your site and data, the other using mine. Can you not read?
Well, the first link is broken. See! I can read!
And I'm not sure how those numbers in #2 (appropriate) are altogether different.

But all said and done, I will stick with stats from the U.S. Department of Labor.
I mean, that is who everybody else quotes, and they are in fact the official stats.

Your Uncle Donnie used them constantly. Not accurately, but he used them.

Well, that's it for me in this thread. You're free to give the info I asked for (let me guess, you already did) and anyone who reads this can check the facts themselves.
 

captaincranky

Posts: 19,138   +8,263
As Nobel prize-winning economist Milton Friedman said, "inflation is, always and everywhere, a monetary phenomenon."
I sincerely hope that's taken out of a larger context. Because if it's not, I demand to have a Nobel prize awarded me for saying, "water is wet".