3 ms·
Like hell it is, my groceries doubled in price from the orange man era. Eggs in my neighborhood went from $2-5 to now $5-10 dollars. Inflation is only over if
by stuckinhell 3y ago
Like hell it is, my groceries doubled in price from the orange man era.
Eggs in my neighborhood went from $2-5 to now $5-10 dollars.
Inflation is only over if you manipulate the stats, the average person is absolutely reeling. Tiktok is full of videos of people asking how they are coping. Mommy net is the exact same, with people asking for diaper donations at a pace I've never seen before. I've been blessed to work in tech, so I've been donating a couple hundred bucks of diapers!
- alexb_ 3y agoThe average price of eggs hit a high of $4.83. Eggs were extremely expensive for a very short period of time, but have gone down to normal levels. https://fred.stlouisfed.org/series/APU0000708111 https://fred.stlouisfed.org/series/APU0000708111 Trying to guess economic sentiment from TikTok is not a good idea.
- stuckinhell 3y agoThe plural of anecdote is data. Tiktok is just one of many social media sites where people are venting about inflation.
- alexb_ 3y agoThe plural of anecdote says prices are not increasing at the rate they once were.
- stuckinhell 3y agoDo you not understand my subpoint on how the "economy" isn't being connected back to daily life of the average american citizen, and when we do connect it back we can easily see how the numbers are being manipulated ? You are extremely out of touch. The real world has confounding variables beyond the ones captured in your wrong model.
- yoav 3y agoInflation isn’t prices. It’s rate of change of prices.