If it weren’t merely fucking with the numbers, it could be explained by massive inflation in 2022 and stabilising peices in 2023. As much as this is partially true, western governments really pushed the calculations to not get double digits in 2022, then to get optimistic numbers, healing and all that shit in 2023.
It means prices are (supposedly, I am not American so don’t know the situation there) rising slower (but still rising) - bourgeois economists believe prices rising by 1,5% to 3% every year is a good thing, who cares if the wages don’t?
But alas, their job is to make businesses happy, not proles.
Still trying to understand how inflation can be 9% June 2022-June 2023 but 3% dec-dec.
If it weren’t merely fucking with the numbers, it could be explained by massive inflation in 2022 and stabilising peices in 2023. As much as this is partially true, western governments really pushed the calculations to not get double digits in 2022, then to get optimistic numbers, healing and all that shit in 2023.
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Also cats can usually survive a hundred foot fall with just a bit of luck (a flat, somewhat soft surface)
It means prices are (supposedly, I am not American so don’t know the situation there) rising slower (but still rising) - bourgeois economists believe prices rising by 1,5% to 3% every year is a good thing, who cares if the wages don’t?
But alas, their job is to make businesses happy, not proles.
Understandable, but it’s really just fucking with numbers.
“Supercore” inflation ignores food, housing, and energy.
Because capitalism is an extremely rational system.