Basically, my position was that the rise of inflation truly isn't that big of a deal, especially since it's only up less than 3% to where it was pre-pandemic. This was his response. He likes to use a lot of math because he think it'll get people to concede their argument since a lot of people find it intimidating.

  • El_Quico [he/him]
    ·
    3 years ago

    The truth is that inflation as a concept can be a big deal, especially if it hits things people need to survive, like food and basic necessities. The biggest deal though is the way it affects the poorest and most marginalized, and the working class, not some imaginary arbitrary economic number like "inflation." The economic measure of inflation is incredibly stupid and out of touch with reality.

    Whatever you do, don't let people pin inflation on "stimulus" money or unemployment or any other tiny breadcrumb of a benefit tossed to working people in the US.