Well…….yeah.caryking said:LOLSmaptyWolf said:caryking said:
This is a chart from Smapty's favorite economist…The war on inflation is over. We won, at very little cost pic.twitter.com/opumf3nEvL
— Paul Krugman (@paulkrugman) October 12, 2023
Now, look at what he's excluding from the data…
/facepalm
Tracking inflation is extremely difficult, so in order to determine if we have a problem all economists find it helpful to exclude certain things. Rent inflation data, for example, is always delayed by a year, because people sign leases... so you're seeing last year's rent in the current data, which makes including it useless if you're trying to make decisions about inflation right now.
You guys should consider the possibility that you're actually not qualified to be as irate as you are about most of the things you howl about.
This guy is absolutely punking us…