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>Federal Reserve aggressively raises borrowing costs to combat chronic inflation. [emphasis added] Not sure why you used that word. I don't think it applies i
by nobody9999 4y ago
>Federal Reserve aggressively raises borrowing costs to combat chronic inflation. [emphasis added]
Not sure why you used that word. I don't think it applies in this circumstance. Not trying to be pedantic/snarky, I just wonder why you characterize only 18 months or so of higher than has been seen in quite some time inflation as "chronic."
Chronic (adj.):[0]
1a : continuing or occurring again and again for a long
time
2a : always present or encountered
b : being such habitually
[0] https://www.merriam-webster.com/dictionary/chronic https://www.merriam-webster.com/dictionary/chronic
Edit: I note (after the fact) that the parent poster was quoting TFA and not making that statement themselves. My apologies for attributing that to alexb and not the AP article. That said, I still think it's odd that they'd use the term "chronic."
- justin66 4y agoThere is (was, really) an argument in the public sphere as to whether the inflation we're experiencing is merely "transitory," and this plays into the larger debate about how it ought to be dealt with by the Fed and the US government. Use of the word "chronic" is merely someone noting their position on the question of whether our inflation is "transitory." edit: looking at it in context, it's someone noting the Fed's decision on the matter (of course it's not transitory), which also makes sense
- nobody9999 4y agoA fair point. Although I'd posit that there are a bunch of terms that (at least IMHO) would be more appropriate than "chronic": Ongoing Sustained over the past 18 months Recent and continuing I'm sure I could come up with a bunch more, but since my comment should really be directed at the Associated Press (AP) and not GP, and I'm sure the AP doesn't care what I think about their choice of adjectives, I guess it's not really relevant. In fact, when I realized that I was commenting on a quote from TFA, I almost deleted my comment altogether but decided against it.
- justin66 4y ago"Ongoing" serves as a poor rebuttal to "transitory" (something can be transitory and nevertheless ongoing, and the whole point is that we know it's no longer considered transitory) and the others are obviously clunky when you're just trying to imply a minor point. I think you're on your own with this one and the AP did okay, even if I might have phrased it differently.