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Sir, you are the astonishing one.

To make so brazenly incorrect a statement without even bothering to understand the mechanics of either inflation or mathematics.

The 6 steps you have listed are nonsense and honestly make me feel sad for the world.

I have worked it out in a spreadsheet this morning for your benefit and the benefit of the other turnips who liked your post.

May 22 - Aug 22 data is from https://fred.stlouisfed.org/series/CPIAUCSL

Since this seems difficult for your astonishing brain to understand, let's take the easiest one where you can just use the same number:

If the Aug 22 CPI value is 295.62 and the constant MoM print for the next 12 months is 0% each month, what is the YoY value of CPI in Aug 23? It's 0%. The current CPI YoY would mechanically decline from 8% to 0% without a single deflationary MoM print.

YoY you can see we would approach very close to 0% by June 22 at 0% MoM prints, don't even have to wait until August.

So, no, you do not need anything resembling what you said to reach deflation.

[ATTACH=full]147690[/ATTACH]

How depressing this is.

<blockquote data-quote="InsvestoBoy" data-source="post: 1195162" data-attributes="member: 69309">Sir, you are the astonishing one.To make so brazenly incorrect a statement without even bothering to understand the mechanics of either inflation or mathematics.The 6 steps you have listed are nonsense and honestly make me feel sad for the world.I have worked it out in a spreadsheet this morning for your benefit and the benefit of the other turnips who liked your post.May 22 - Aug 22 data is from <a href="https://fred.stlouisfed.org/series/CPIAUCSL" target="_blank">https://fred.stlouisfed.org/series/CPIAUCSL</a>Since this seems difficult for your astonishing brain to understand, let&#039;s take the easiest one where you can just use the same number:If the Aug 22 CPI value is 295.62 and the constant MoM print for the next 12 months is 0% each month, what is the YoY value of CPI in Aug 23? It&#039;s 0%. The current CPI YoY would mechanically decline from 8% to 0% without a single deflationary MoM print.YoY you can see we would approach very close to 0% by June 22 at 0% MoM prints, don&#039;t even have to wait until August.So, no, you do not need anything resembling what you said to reach deflation.[ATTACH=full]147690[/ATTACH]How depressing this is.</blockquote>

[QUOTE="InsvestoBoy, post: 1195162, member: 69309"] Sir, you are the astonishing one. To make so brazenly incorrect a statement without even bothering to understand the mechanics of either inflation or mathematics. The 6 steps you have listed are nonsense and honestly make me feel sad for the world. I have worked it out in a spreadsheet this morning for your benefit and the benefit of the other turnips who liked your post. May 22 - Aug 22 data is from [URL]https://fred.stlouisfed.org/series/CPIAUCSL[/URL] Since this seems difficult for your astonishing brain to understand, let's take the easiest one where you can just use the same number: If the Aug 22 CPI value is 295.62 and the constant MoM print for the next 12 months is 0% each month, what is the YoY value of CPI in Aug 23? [B]It's 0%.[/B] The current CPI YoY would mechanically decline from 8% to 0% without a single deflationary MoM print. YoY you can see we would approach very close to 0% by June 22 at 0% MoM prints, don't even have to wait until August. So, no, you do not need anything resembling what you said to reach deflation. [ATTACH type="full" alt="1664920854958.png"]147690[/ATTACH] How depressing this is. [/QUOTE]

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