Reply to thread

Message

<blockquote data-quote="RobGMN" data-source="post: 8886036" data-attributes="member: 683408">OK.So then the numbers being used to claim Trump&#039;s success are similarly fake, and any and all comparisons we make are bullshit.Got it.Could you make a slight effort and size your pictures more reasonably?And answer this question: If the price a particular item changes, do you THINK the price of a &quot;substitution&quot; item might ALSO change?If the price of Oreos goes up, what are the chances the price of Hydrox will go up?Smuckers jelly goes up. Do you think the generic brands will follow suit?What about gas? If Exxon gas goes up, will BP go up too?Oscar Meyer bacon goes up. Will Jimmy Dean go up too?With your logic, we&#039;d be paying $4.59 for brand-name jelly, but $0.25 for generic.Not how it works.MATH.Besides, they don&#039;t just pick ONE product at each store to represent the category.They pick multiples. Not just Captain Crunch, but Frosted Flakes, POST Raisin Bran, Marshmallow Mateys, Great Value Raisin Bran.It&#039;s how they manage to get 80,000 products to determine price movements from.Oh, and it&#039;s balanced for products that most people generally use. So that bottle of iodine doesn&#039;t sway the average as much as a gallon of milk.</blockquote>

[QUOTE="RobGMN, post: 8886036, member: 683408"] OK. So then the numbers being used to claim Trump's success are similarly fake, and any and all comparisons we make are bullshit. Got it. Could you make a slight effort and size your pictures more reasonably? And answer this question: If the price a particular item changes, do you THINK the price of a "substitution" item might ALSO change? If the price of Oreos goes up, what are the chances the price of Hydrox will go up? Smuckers jelly goes up. Do you think the generic brands will follow suit? What about gas? If Exxon gas goes up, will BP go up too? Oscar Meyer bacon goes up. Will Jimmy Dean go up too? With your logic, we'd be paying $4.59 for brand-name jelly, but $0.25 for generic. Not how it works. MATH. Besides, they don't just pick ONE product at each store to represent the category. They pick multiples. Not just Captain Crunch, but Frosted Flakes, POST Raisin Bran, Marshmallow Mateys, Great Value Raisin Bran. It's how they manage to get 80,000 products to determine price movements from. Oh, and it's balanced for products that most people generally use. So that bottle of iodine doesn't sway the average as much as a gallon of milk. [/QUOTE]

Verification