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That measures price. Inflation isn't a big secret... The original comment alluded to inflation being caused by supply shocks. Look forward to your next attempt
by randomdata 4y ago
That measures price. Inflation isn't a big secret... The original comment alluded to inflation being caused by supply shocks.
Look forward to your next attempt.
- deleted 4y ago[deleted]
- whimsicalism 4y agoThere has not been a 40% rate of inflation for durable goods. Real PCE https://fred.stlouisfed.org/series/PCEDGC96 https://fred.stlouisfed.org/series/PCEDGC96
- randomdata 4y agoThat's the same chart, except in real dollars. It still only provides price. Price does not tell us anything about the supply and demand components individually. Price is the product of supply and demand put together. It's okay, I'll wait.