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Again, I'm not conflating how inflation works. I made a separate observation about why I feel they're out of touch with how they affect every day US citizens.
by no_wizard 3y ago
Again, I'm not conflating how inflation works.
I made a separate observation about why I feel they're out of touch with how they affect every day US citizens. Prices aren't falling, and wages aren't keeping up.
That's an observation of the situation.
Its not conflating the differences of inflation and deflation. I'm merely positing that all I know is, despite their efforts to reduce inflation and then trying to trumpet that as a win, we still have these issues, which monetary policy is failing to address meaningfully, but all the reporting has an out of touch tone to these realities.
Its nice that prices are rising slower, but that isn't the only meaningful metric of economic indicators.
Grinds my gears, I guess