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One subtle deception in such reports is that dollar v22 is 30% smaller than dollar v21, so $14B x USDv22 is way worse than $19B x USDv21, about 2x worse I'd say
by akomtu 4y ago
One subtle deception in such reports is that dollar v22 is 30% smaller than dollar v21, so $14B x USDv22 is way worse than $19B x USDv21, about 2x worse I'd say.
- nequo 4y ago> dollar v22 is 30% smaller They seem to be using the same font size for both years. Or by smaller, do you mean that there was a 30% inflation from 2021 to 2022?
- metadat 4y agoA USD is a USD, how did you arrive that I can only purchase 70% as much of something in 2022 compared to 2021? Most dollars printed eventually find their way back to the fed through taxation.
- mmcconnell1618 4y agoFinancials are often reported in "constant dollars" and inflated dollars so you can see the impact of both.