micnd90 [he/him,any] to the_dunk_tank • 11 months agoPaul "it's the poors who are wrong" Krugmanimagemessage-square37 fedilinkarrow-up1100file-text
arrow-up1100imagePaul "it's the poors who are wrong" Krugmanmicnd90 [he/him,any] to the_dunk_tank • 11 months agomessage-square37 Commentsfedilinkfile-text
minus-squareinvo_rt [he/him]hexbear54·11 months ago "inflation has been falling fast" Inflation is cumulative. Having lower inflation doesn't change the fact that the prices are generally up ~20% over the last few years. link
minus-squareMardoniush [she/her]hexbear34·11 months agoAlso the consumer price metric I saw excluded basic foods, clothing, and housing or something like that. Great that the poors can afford Ivory backscratchers while they're being evicted. link
minus-squareAdkml [he/him]hexbear26·11 months agoYea it's infuriating to have somebody who claims to be an authority on economics say prices didn't go up in October like it means the problems solved. They also didn't go down asshole. Everything's still double what it was 2 years ago and nobody is making more money. link
minus-squareSaeculum [he/him, comrade/them]hexbear14·11 months agoThe rich are making more money link
Inflation is cumulative. Having lower inflation doesn't change the fact that the prices are generally up ~20% over the last few years.
Also the consumer price metric I saw excluded basic foods, clothing, and housing or something like that. Great that the poors can afford Ivory backscratchers while they're being evicted.
Yea it's infuriating to have somebody who claims to be an authority on economics say prices didn't go up in October like it means the problems solved.
They also didn't go down asshole. Everything's still double what it was 2 years ago and nobody is making more money.
The rich are making more money
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