their copium now is that its going up at a slower pace
not the prices itself but that rise of prices is going up slower ( 289.4% in May compared to 287.9% in April).
Nerds love second order derivative arguments.
“It’s still increasing but the rate at which it’s increasing is going down”
Or, as people who don’t have a lanyard cutting off oxygen to their brain correctly perceived it, shits still going up.
“We’re still heading off the cliff at insane speed, but the rate of acceleration has somewhat slowed”
Nixon made a similar argument once. It’s the 3rd derivative since inflation is the first derivative of a currency’s buying power.
https://en.m.wikipedia.org/wiki/Third_derivative#Economic_example
Just keep taking derivatives and eventually you’ll find one going in the direction you want.
Capitalism is a religion, not an economic system.
Is it any coincidence that the only somewhat tolerable places to live under capitalism are ones that don’t treat capitalism as gospel?
Gonna tell my kids this was King Louis Philippe.
There is a meme, going around some leftist argentinian circles, that compares Milei to Pol Pot.
Of course is an exageration, but taking into account the level of deshumanization, hate, negacionism and religious delirium that this little libertarian gremblin is showing… we are getting close to the Pot levels.
So many countries now days need innovative young minds
Pause. Different subject.
Shinzo Abe
