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
    link
    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
        link
        11 year ago

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

        • @SCB
          link
          1
          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
            link
            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
              link
              11 year ago

              That is the literal opposite of what this link says.

              • @afraid_of_zombies
                link
                01 year ago

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

                • @SCB
                  link
                  11 year ago

                  It’s your link bro