3 ms·
Sigh. Of that list, only one is even plausibly an "economic" indicator, and it's laughably wrong. Even squinting and spinning as hard as you can, you'd say th
by newacct583 5y ago
Sigh. Of that list, only one is even plausibly an "economic" indicator, and it's laughably wrong.
Even squinting and spinning as hard as you can, you'd say that current inflation might be as high as 5% at this very moment. Which while higher than it's been in a decade or two is hardly a historical outlier. But then you have to conveniently forget that over the pandemic we experienced quite high deflationary pressure which is merely being eaten up. So in fact CPI and similar metrics are up about... 2.5% per year since 2019. Which is to say, business as usual.
I'll ask again: which specific US media sources are telling you there is "rampant inflation"? They're lying to you.