Economics Thread

[chop2chip]

The shock from 21/22 stayed for sure so it was hard to recognize that within those YoY periods the increase wasn’t what it was for the initial price shocks

so in other words inflation was fixed in 2023…

According to truflation

 

[thethe]

so in other words inflation was fixed in 2023…

According to truflation

Less ‘fixed’ than it is now for sure. Real price points are real price points and the population of price points keeps expanding increasing accuracy.

 

[chop2chip]

Less ‘fixed’ than it is now for sure. Real price points are real price points and the population of price points keeps expanding increasing accuracy

Good job sleepy joe

In the immortal words of VP Vance

A simple thank you goes a long ways

 

[thethe]

Good job sleepy joe

In the immortal words of VP Vance

A simple thank you goes a long ways

Once that inventory buildup is exhausted I’ll draft up that thank you

 

[mqt]

The shock from 21/22 stayed for sure so it was hard to recognize that within those YoY periods the increase wasn’t what it was for the initial price shocks

If you truly believe the Truflation figures under Biden, you’d have to believe he’s some kind of fucking wizard for getting inflation to that level that quickly after the global shock that was beyond his control. Shout out to the Inflation Reduction Act that took effect right before that decline, eh?

 

[thethe]

If you truly believe the Truflation figures under Biden, you’d have to believe he’s some kind of fucking wizard for getting inflation to that level that quickly after the global shock that was beyond his control. Shout out to the Inflation Reduction Act that took effect right before that decline, eh?

We are not Argentina - There will never be runaway sustained inflation. There are also economic measures that i'm sure Trump/Bessent would have taken at that time that would have resulted in far lower inflation comparatively.

 

[sturg33]

I dont get why Trump gets any credit for inflation considering its been resolved since 2023

 

[chop2chip]

i found a fellow who dabbles in Truflation

https://twitter.com/x/status/1761898264800989367

 

[thethe]

I dont get why Trump gets any credit for inflation considering its been resolved since 2023

Coupling it with pro-growth policies / Real wage/wealth increases for middle class / slashed federal workforce / expanded native employment



Any other questions?

 

[thethe]

i found a fellow who dabbles in Truflation

https://twitter.com/x/status/1761898264800989367

https://twitter.com/x/status/1762469613483249870

 

[sturg33]

Coupling it with pro-growth policies / Real wage/wealth increases for middle class / slashed federal workforce / expanded native employment



Any other questions?

Real wages were flying in 2024. Asset prices too

 

[Garmel]

Real wages were flying in 2024. Asset prices too

Yep. A lot of MAGA won't admit that real wages outpaced inflation in '24 before Trump was in office.

 

[chop2chip]

https://twitter.com/x/status/2015454020312146028

 

[thethe]

https://twitter.com/x/status/2015454020312146028

Cool - game of chicken.

I think it’s very reasonable though to expect a removal of tariffs if they build here. It’s mostly what I want anyway. MOAR jobs keeping larger percentage of cogs here.

 

[mqt]

Cool - game of chicken.

I think it’s very reasonable though to expect a removal of tariffs if they build here. It’s mostly what I want anyway. MOAR jobs keeping larger percentage of cogs here.

Yet there remains baseline tariffs for countries actively playing ball with us.

 

[thethe]

Yet there remains baseline tariffs for countries actively playing ball with us.

Put your money where your mouth is and then we can talk. We hold ALL the cards.

 

[Jaw]

i found a fellow who dabbles in Truflation

https://twitter.com/x/status/1761898264800989367

Using the endorsement of something by Krugman to hurt its credibility is absolutely savage. Bravo.