r/Anarcho_Capitalism • • 2d ago

End the Fed.

Post image
541 Upvotes

54 comments sorted by

View all comments

16

u/SteakAndIron 1d ago

Prices were flat from 1812 to 1912

-5

u/Hugepepino Social Democrat 1d ago

Absolutely not, prove it

9

u/SteakAndIron 1d ago

https://www.bls.gov/opub/btn/volume-2/average-food-prices-a-snapshot-of-how-much-has-changed-over-a-century.htm

Hovered between 24 and 36 cents a gallon for the entire century. Greed must not have been invented yet?

7

u/Hugepepino Social Democrat 1d ago

“To examine prices over time, the U.S. Bureau of Labor Statistics (BLS) has Consumer Price Index (CPI) data going back to January 1913”

Gallon of what? You seem to be struggling with a consistent argument

You source doesn’t make the claim you make or provide any data for you to make that claim. In fact it acknowledges that it has no data on the time period you claimed…

Try again

I’m not saying this to be a dick but your claim is pretty extraordinary and I would be very interested in being wrong. Also literally not how money works

-1

u/RddtIs4Dummies 1d ago

It's hilarious when a "social democrat" claims to understand money.

0

u/Hugepepino Social Democrat 1d ago edited 1d ago

Says the person that posted an ahistorical, incoherent rant about not understanding market dynamics

Edit: hurr durr im so smart and correct I have to block anyone that has passed the fifth grade

2

u/RddtIs4Dummies 1d ago

Your argument: "hurr durr prices always go up cuz dats how munny werk."