Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more than 40-year high.

  • @afraid_of_zombies
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    01 year ago

    You can’t fix anything, you should just accept that life is shit, and all the things that I said were bad ideas are great ideas for the super rich.

    -every time economists talk.

    • @SCB
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      01 year ago

      That is not at all how economists look at resolving problems.

      • @afraid_of_zombies
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        01 year ago

        Bull.

        List of bailouts economist have supported: Banks, airlines, car companies, banks again, and anyone claiming to have a covid impacted business.

        List of bailouts economists have not supported: Student loan debt.

        See a pattern? Inflation is only an issue when it involves helping the poor or middle class. The moment it helps a big corp or a well-connected donor it is just good policy.

          • @afraid_of_zombies
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            11 year ago

            The 5th dentist. Why doesn’t the Brookings Institute agree?

            • @SCB
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              edit-2
              1 year ago

              Noah Smith is not a “5th dentist” lol (cool term tho - thanks for teaching me that)

              I happen to agree with the Brookings institution

              Targeted debt relief is ideal.

              • @afraid_of_zombies
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                01 year ago

                As I said. Economists only think it is a problem when it benefits the poor or middle class. It wasn’t a problem when it was bank bailouts.

                • @SCB
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                  11 year ago

                  That is the literal opposite of what this link says.

                  • @afraid_of_zombies
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                    01 year ago

                    Nothing in your article mentions the bank bailouts that I saw. Show me where they pointed it out.