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-29 points
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That’s only taking into account monetary devaluation, not inflation of goods and services (or vice versa)

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38 points

What?

Monetary devaluation is an economic policy Inflation is literally the “general increase in the prices of goods and services”

https://en.m.wikipedia.org/wiki/Inflation

https://en.wikipedia.org/wiki/Devaluation

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-7 points
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Inflation is market derived and does not include devaluation of the currency, source is your own link on deflation.

In a global economy goods and services are sourced internationally and are subject to various exchange rates. Rarely anything is ever 100% domestic

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12 points

Even if every ingredient doubled in cost (same as domestic inflation) and profit is a 1/6 of the burrito, we wouldn’t even be at $4. This is corporate greed.

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1 point
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Removed by mod
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2 points

You mean greed

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10 points
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Monetary devaluation is the only thing that gives any thin-veiled justificstion for price increases. Anything not covered by the inflation calculator is greed.

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3 points

The inflation calculation is gamed too to make numbers look smaller

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Memes

!memes@lemmy.ml

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