4 ms·
Inflation in the US as of 2023 is more like a choose-your-own-adventure than anything else. Depending on the channel or URL you tune into you and others just li
by boredumb 3y ago
Inflation in the US as of 2023 is more like a choose-your-own-adventure than anything else. Depending on the channel or URL you tune into you and others just like you can extrapolate out corporate greed, federal reserve policy, federal government policy, tax cuts, tax hikes, covid restrictions caused it, covid restrictions actually helped, PPE loans, biden, trump, xi, putin, zelensky.
- kemotep 3y agoIdeally you would only reference NBER economic reports, however those come out years after the fact.
- jmoak3 3y agoDon’t forget aging demographics increasing demand while reducing supply of able bodies, with the added bonus of driving unemployment down It really is a Rorschach isn’t it? :)
- shri_krishna 3y agoYou missed Biden.
- throw0101c 3y ago> Inflation in the US as of 2023 is more like a choose-your-own-adventure than anything else. Depending on the channel or URL you tune into you and others just like you can extrapolate out […] Almost like modern economies are complicated with many feedback loops and a lot of interconnectedness between different factors that interact in possibly non-linear ways. Or you can just buy gold. /s
- boredumb 3y agoThat's my point. It's complicated and measured in ways that the actual inflation numbers you hear from major media outlets are basically useless for gauging inflation and only seem to be used to further agendas.
- throw0101c 3y agoThat's what the sub-components are for. StatCan just released numbers for Canada and you can what is driving things up and down: * https://pbs.twimg.com/media/Fzoi9AUagAAzW_G?format=png&name=medium https://pbs.twimg.com/media/Fzoi9AUagAAzW_G?format=png&name=... * https://twitter.com/trevortombe/status/1673688862886080512 https://twitter.com/trevortombe/status/1673688862886080512 "You can then ask why is X or Y doing what it is?"