Discover and read the best of Twitter Threads about #ConsumerPriceIndex
Most recents (5)
You can be forgiven for thinking the Great #Inflation Story is how a pandemic, a senseless war, and #monopolistic price-gouging temporarily drove up prices, prompting calls to crush workers and suppress wages in order to "reduce demand" for goods:
pluralistic.net/2022/12/14/med… 1/
pluralistic.net/2022/12/14/med… 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2023/01/18/wag… 2/
pluralistic.net/2023/01/18/wag… 2/
But for all the attention we gave to this transient inflation, there has been precious little alarm over the soaring inflation in #CareLabor - #daycare, #preschool, #NursingHomes and #MedicalServices. 3/
Here's the #inflation story you're expected to believe (advance warning: this story is entirely false): America gave the poors too much money during the lockdown and now the #economy is awash in #FreeMoney, which made those poors so rich that now they're refusing to work. 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2022/12/14/med… 2/
pluralistic.net/2022/12/14/med… 2/
That means the economy isn't making anything anymore. With all that extra money and all those missing workers, prices are skyrocketing.
To hear ghouls like @LHSummers tell it, there is only one answer to this. 3/
To hear ghouls like @LHSummers tell it, there is only one answer to this. 3/
Daily Bookmarks to GAVNet 02/21/2022 greeneracresvaluenetwork.wordpress.com/2022/02/21/dai…
Meet Twist: MIT’s Quantum Programming Language Keeping tabs on data entanglement keeps reins on buggy quantum code
spectrum.ieee.org/quantum-progra…
#QuantumProgrammingLanguage, #DataEntanglement, #QuantumCode
spectrum.ieee.org/quantum-progra…
#QuantumProgrammingLanguage, #DataEntanglement, #QuantumCode
4 Myths That Are Killing Business Today
digitaltonto.com/2022/4-myths-t…
#BusinessMyths, #GreatResignation, #CulturalCompetency, #motivation
digitaltonto.com/2022/4-myths-t…
#BusinessMyths, #GreatResignation, #CulturalCompetency, #motivation
Daily Bookmarks to GAVNet 12/17/2021 greeneracresvaluenetwork.wordpress.com/2021/12/17/dai…
Physical features boost the efficiency of quantum simulations
phys.org/news/2021-12-p…
#QuantumSimulations, #PhysicalFeatures, #QuantumSystems, #EfficiencyBoosts
phys.org/news/2021-12-p…
#QuantumSimulations, #PhysicalFeatures, #QuantumSystems, #EfficiencyBoosts
Pandemic and Climate Change: Pulse Versus Press
santafe.edu/news-center/ne…
#pandemic, #ClimateChange, #PulseEvents, #MassExtinction, #BioticRecovery, #PressEvents, #resilience, #robustness
santafe.edu/news-center/ne…
#pandemic, #ClimateChange, #PulseEvents, #MassExtinction, #BioticRecovery, #PressEvents, #resilience, #robustness
.#ConsumerPriceIndex data for the month of August revealed further recovery - like a lot of #macro data in recent months: core #CPI (excluding volatile food and #energy components) came in at 0.4% month-over-month and 1.7% year-over-year.
Overall, we think 2020’s broadly #deflationary influences may well lead to somewhat higher rates of #inflation by mid-2021, yet importantly, we do not expect this to reach excessive levels.
Those fearing increasingly greater risks of high #inflation stemming from #crisis rescue measures are misguided, in our view, and underestimate the continued secular headwinds to excessive #price increases…
