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- cross-posted to:
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Time to blame socialism again.
oh and in completely unrelated news, the White House said there probably won’t be an inflation report next month https://www.businessinsider.com/white-house-says-probably-no-october-inflation-report-next-month-2025-10
Economists hate this one trick. If we don’t test for it we don’t have inflation. Time for the fed to cut rates
Inflation on important things is rather in the 10s or 20s with certain food items going up 50%-100% since 2020. the inflation numbers are completely artificial imo.
https://edition.cnn.com/2025/02/08/business/tracking-us-food-prices-eggs-dg
oh for sure, they exclude things like gas and rent calling them too volatile, but that’s what people actually care about day to day
gas is a bit high but reasonable atm. rent is not
Big box warehouse trip recently, grocery items significantly up, brand name clothing about the same or a bit less, which indicates, in my mind, necessary goods that are nature - made are not so readily producible are going to continue to rise in price as the climate continues to heat up, while manufactured goods will be overabundant; I am not imagining workers in either industry to have much improved pay or conditions, as market needs will justify one and market saturation to justify the other.
