Inflation
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The media sucks so bad at this.
There's no trick here. Inflation is high and headline CPI is especially high. But if you want to understand the underlying inflationary pressures in the economy—not the effects of OPEC and bad weather and a war in Ukraine—you look at core inflation. And that's been going down since February.
https://jabberwocking.com/yes-there-was-good-news-in-the-june-inflation-...
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Top of Page Bottom of Page PermalinkFull Name: An organ grinder’s tune
dude this morning said
dude this morning said raising interest rates will jut make things worse....
Top of Page Bottom of Page PermalinkFull Name: GDTRFB
'We' may want to sit pat and
'We' may want to sit pat and see what happens up north following this action yesterday:
"Bank of Canada targets inflation expectations with full percentage point rate hike"
https://www.msn.com/en-ca/money/topstories/bank-of-canada-targets-inflat...
Top of Page Bottom of Page PermalinkFull Name: El Nino
Don't forget the Oligarchs
Don't forget the Oligarchs LOVE recessions. Especially with all those uppity workers refusing to come back in the office.
Top of Page Bottom of Page PermalinkFull Name: and then there's
yea it is all false bullshit
yea it is all false bullshit engineered by and for those that el nino referenced ^^^
Top of Page Bottom of Page PermalinkFull Name: cultivate kindness
This belongs in the Blues Fan
This really belongs in the Blues Fans thread, but I think we need it here more at the moment.
BB King - Inflation Blues
https://www.youtube.com/watch?v=ZHId-r8Gb-8