• Elon_Musk [none/use name]
    ·
    6 months ago

    Still trying to understand how inflation can be 9% June 2022-June 2023 but 3% dec-dec.

    • AmarkuntheGatherer@lemmygrad.ml
      ·
      6 months ago

      If it weren't merely fucking with the numbers, it could be explained by massive inflation in 2022 and stabilising peices in 2023. As much as this is partially true, western governments really pushed the calculations to not get double digits in 2022, then to get optimistic numbers, healing and all that shit in 2023.

    • HexBroke [any, comrade/them]
      ·
      edit-2
      6 months ago

      You ignore the cat falling a hundred feet and zoom in on the two feet the cat bounces up immediately after impact

      (CW: ain't no CW the cat is invulnerable and only pretending to be dead to lull you into a false sense of security before adopting you)

      • spectre [he/him]
        ·
        6 months ago

        Also cats can usually survive a hundred foot fall with just a bit of luck (a flat, somewhat soft surface)

    • Gosplan14_the_Third [none/use name]
      ·
      edit-2
      6 months ago

      It means prices are (supposedly, I am not American so don't know the situation there) rising slower (but still rising) - bourgeois economists believe prices rising by 1,5% to 3% every year is a good thing, who cares if the wages don't?

      But alas, their job is to make businesses happy, not proles.

    • 420stalin69
      ·
      edit-2
      6 months ago

      “Supercore” inflation ignores food, housing, and energy.

      Because capitalism is an extremely rational system.