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☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 1 year ago

For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the same time.

xcancel.com

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For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the same time.

xcancel.com

☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 1 year ago
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  • ClimateChangeAnxiety@hexbear.net
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    1 year ago

    Also I’m still convinced the “problems” with deflation are imaginary and could easily be prevented by just forcing the capitalists to not fuck everything up.

    Almost none of the problems that come from deflation actually have a material connection to deflation, it’s almost entirely “But deflation removed the market” which, simply do not allow the market to be spooked.

    • ClimateChangeAnxiety@hexbear.net
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      1 year ago

      Wait why is spooked (past simple) cool but removed (3rd person, present simple) isn’t cool? I got reverse sremovedhorped

      • miz [any, any]@hexbear.net
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        1 year ago

        sremovedhorpe

        oh wow it does do that

        • ClimateChangeAnxiety@hexbear.net
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          1 year ago

          I wonder if it has a list of approved words it won’t do that to? Does sremoved work?

          Edit: No it does not

          • ClimateChangeAnxiety@hexbear.net
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            1 year ago

            removed removed. Spooked. Spooking? Spooker.

            • ClimateChangeAnxiety@hexbear.net
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              1 year ago

              Fascinating

            • ClimateChangeAnxiety@hexbear.net
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              1 year ago

              Also why does the slur filter remove a slur for intelligence agents

              • Zvyozdochka [she/her, pup/pup's]@hexbear.net
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                1 year ago

                It’s a slur for people of color from way back in the day.

                • ClimateChangeAnxiety@hexbear.net
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                  1 year ago

                  Oh jeez really? I’ve never heard it that way, only as a slur for the CIA.

                  Why is that word a slur for so many different groups? POC, intelligence agents, and ghosts? And also it’s a verb.

    • Saeculum [he/him, comrade/them]@hexbear.net
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      1 year ago

      The way I’ve always heard it described is that if you are in a deflationary environment, there’s no incentive to spend your money today when it will be worth more tomorrow, so it has a dampening effect on consumer spending and investment which is bad for the economy.

      • ClimateChangeAnxiety@hexbear.net
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        1 year ago

        Alright let’s do the deflation in one go then. Today eggs will be $6 tomorrow they will be $3, and companies can suck it the fuck up.

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