https://twitter.com/paulkrugman/status/1712494317024026761
This is like saying “my health is great ex my heart”.
[edit] Also, child poverty increased more in 2022 than any time in recorded US history. So “little cost” for Krugman, but not for the population.
Forgive me, I’m no mathematician. Are you revealing that the OP graph is cumulative and really shows a slowing down in the growth of inflation rather than a reversal or lowering of inflation?
What does decrease of inflation from 2% to 1% mean? The cost for consumers has still increased.
This is the point they’re making, that OP’s graph is saying that the rate of increase has decreased, and so it’s a graph of the derivative.
Yeah, the original graph shows the rate of change of inflation. It defines how much it’s increasing by. The author is lying with graphs.