4 ms·
Annualized inflation this year (in the USA) is 10%. I heard Japan is worse. So they only get a 5% pay cut instead of a 15% pay cut? Hooray.
by pocksuppet 3mo ago
Annualized inflation this year (in the USA) is 10%. I heard Japan is worse. So they only get a 5% pay cut instead of a 15% pay cut? Hooray.
- sokoloff 3mo ago> Annualized inflation this year (in the USA) is 10% Source? I think that's about 2-2.5x the figure that everyone else is using.
- pocksuppet 3mo agohttps://news.ycombinator.com/item?id=48489655 https://news.ycombinator.com/item?id=48489655
- sokoloff 3mo agoYour "source" is an editorializing HN submitter who took a one-month increase in prices while the military action with Iran and subsequent oil price shock and multiplied by 12. The BLS (and any economist) knows better than to do that, so you cited the online equivalent of "a dude wearing sunglasses on the back of his hat being interviewed in his pickup truck..."