100 - >150 -> 148
So much win
Another chart from the same article which he didn’t show
Getting hit by a car, but it stopped accelerating at 60 kph
rent goes up $1000
rent goes down $500
omg rent is so cheap now!!!
It’s not even that it went back down, it just stopped rising. Rent isn’t any cheaper that it was last year
i had some items in my amazon cart. they’ve just been sitting there for weeks now because i’m avoiding buying from amazon for awhile. $16 total.
black friday came and the original $16 price tag is now a BLACK FRIDAY DEAL -24% at $16 ONLY FOR PRIME MEMBERS!
i ignored it. on monday the original $16 then turned into a CYBER MONDAY DEAL -24% at $16.
legit just checked. all the “deals” are now over. it’s still $16…
“Just get a raise to catch up, if you can’t then that’s your own problem.”
But don’t everyone do it at once, or we’ll have inflation again and I’ll have to raise your rent.
This type of guy fascinates the hell out of me, getting owned so hard all the time by so many people, constantly being proven stupid and wrong, but he lacks the self-awareness to recognize how embarrassing it all is for him.
I think he is intentionally obtuse and is trying to push landlords talking points
A lot of coverage of inflation (and also GDP growth) intentionally muddles & conflates change in rate of change (second derivative) vs. change in value (first derivative) vs. actual value (zeroeth/no derivative, actual thing being measured). Pundits basically pick one of these three values at random to support whatever position they’re hawking and nobody bothers to think about what the difference is.
Lost count of how many people I’ve seen say something like “if inflation is down now why is everything still so expensive?”