Krugman always makes me think of this one from one of Lenin's best diss tracks:
The answer is simple: the personal qualities of present-day professors are such that we may find among them even exceptionally stupid people like Tugan. But the social status of professors in bourgeois society is such that only those are allowed to hold such posts who sell science to serve the interests of capital, and agree to utter the most fatuous nonsense, the most unscrupulous drivel and twaddle against the socialists. The bourgeoisie will forgive the professors all this as long as they go on “abolishing” socialism.
Food inflation growth rate has decreased but high food inflation for over a year reduced the purchasing power especially as there wasn't much growth in wages.
" Food inflation is a fanum tax on the poor" - Someone
Nice, you got most of em. The inflation one made my jaw drop too. Like rent and food prices in the US have gone up like 20% every single damn year.
Tankies once again showing they don't know Basic(TM) economics. The war on inflation is over. We won, at very little cost.
If not for the existence of Barack "Drone King" Obama, Paul Krugman would be proof positive as to the abject worthlessness of Nobel prizes.
Krugman always makes me think of this one from one of Lenin's best diss tracks:
Damn had I read this before I would have replied to the tweet with this when I saw it
My partners dad is this type of liberal and he dropped this take on me during Christmas lmao
God I hate 538 techno-liberal boomer 🤓 dads.
Golden fucking reply. Which of you lovely lefty trolls did this?
Inflation on food has not budged.
Yeah but TVs are more affordable than ever so thanks Biden!
Food inflation growth rate has decreased but high food inflation for over a year reduced the purchasing power especially as there wasn't much growth in wages.
" Food inflation is a fanum tax on the poor" - Someone
Is it still inflation when they're just jacking the prices up bc they can and no one will stop them?
that's all inflation has ever been
If the stats are bad, just go down another layer in derivatives.
Price of food much higher? Well the rate of food price increases might be slower.
Rate of food price increases much higher? Well, the rate of the rate of price increases is probably fine, that's not likely to be exponential.
Why do you think most economic indicators and inflation calculators exclude food?
Let them eat VR!
Libs will believe anything you tell them, if its printed on watermarked vellum with a Sans Serif font.