U.S. Economy Shrinks in 4th Qtr

[Al B. Sure!]

No, it's not.

http://money.cnn.com/2013/01/16/news/economy/cpi-inflation/index.html

[Ben Kenobi]

Yes, adjusted for inflation that is close to the historical average (adjusted for inflation), liar.

And what, pray tell, is the 'historical average' when adjusted for inflation?

[Ben Kenobi]

Yawn. Albert, if you can't follow the argument, why are you wasting our time? That refers to 2012, only.

[Dinner]

No, it's not.

1.7% and the core rate is even lower which is below target. Learn math, dumb ass.

[Ben Kenobi]

1.7% and the core rate is even lower which is below target. Learn math, dumb ass.

2012 only

Apparently Oerdin can't understand the argument. I miss MtG. At least he has intelligent posts.

[giblets]

CPI for January 1, 2012 is 28% higher than the CPI for January 1, 2002:

http://www.multpl.com/cpi/table

Inflation is really out of control when the price index is going up at a rate of 2.5% a year

[Ben Kenobi]

CPI for January 1, 2012 is 28% higher than the CPI for January 1, 2002:

http://www.multpl.com/cpi/table

Inflation is really out of control when the price index is going up at a rate of 2.5% a year

Wow, that *also* manages to fail to address my argument. But in a different way than Dinner. Amazing. Is reading comprehension so poor?

[Al B. Sure!]

Umm... it's only 9% since January 2008. < 2% year.

[Ben Kenobi]

That's three people who have failed to address my argument. Wow. All in different ways. Yes, I suppose that would be relevant, Albert. Except that's not my argument, now is it?

[Al B. Sure!]

I don't see how you possibly teach. You can't even communicate to adults in a way we can understand.

[giblets]

Nope, if three different people have no idea what his "argument" is the problem couldn't possibly be on his end.

[Ben Kenobi]

The average dow increase year over year from 1913 to 2000 has been 2.5 percent a year, over and above inflation. Extrapolate that from 1913 to 2013, and you get 21626 for the present DOW.

http://www.macrotrends.org/1319/dow-jones-100-year-historical-chart

Of course, I can do maths and run actuarial tables. So, I suppose that makes smarter than the average polytubby.

[Ben Kenobi]

I don't see how you possibly teach. You can't even communicate to adults in a way we can understand.

Stay far away from other people's money.

[giblets]

The average dow increase year over year from 1913 to 2000 has been 2.5 percent a year, over and above inflation. Extrapolate that from 1913 to 2013, and you get 21626 for the present DOW.

http://www.macrotrends.org/1319/dow-jones-100-year-historical-chart

Of course, I can do maths and run actuarial tables. So, I suppose that makes smarter than the average polytubby.

And what significance does a prediction based on a linear regression of two data points hold in your imagination?

[Ben Kenobi]

And what significance does a prediction based on a linear regression of two data points hold in your imagination?

That 2 is twice as strong as one? Would you prefer me to choose 1965? I can do that.