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Anecdotes about "trust fund kids," asserting a "misguided war on inflation," and a vague conspiracy of unidentified landlords make the post seem more like a ran
by gbacon 3y ago
Anecdotes about "trust fund kids," asserting a "misguided war on inflation," and a vague conspiracy of unidentified landlords make the post seem more like a rant than serious economic analysis.
Perhaps the author missed "US inflation means families are spending $709 more per month than two years ago" here at HN. https://news.ycombinator.com/item?id=37112604 https://news.ycombinator.com/item?id=37112604
- sangnoir 3y agoThe "misguided war on inflation" stood out to me too, because I felt the author is uninformed on economics, or some strain of radical belonging to an economic school of thought I'm not familiar with. I must say, the past few months have been weird with employment numbers stubbornly staying high regardless of the Fed's efforts as fewer jobs are usually a second-order effect when rates are hiked. I am glad fewer people than expected are currently unemployed.