• DogPeePoo
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    3 months ago

    If you honestly believe groceries are only 2.2% higher than they were in 2019/2020, a meaningful discussion is a dubious endeavor.

    • jeffw@lemmy.worldOP
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      3 months ago

      Oh, you don’t understand inflation at all.

      Do you think groceries in 1945 were 3% higher than 1845? Since apparently we’re making meaningless comparisons across years now?

      Inflation at 2-3% is good

      • DogPeePoo
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        3 months ago

        What? I’m talking about before Jay Powell increased the M2 money supply by $6 Trillion.

        Inflation metrics are year over year. The M2 supply, however was drastically inflated under his tenure, namely 2020-2022. The data you’re citing is completely manipulated.

        • jeffw@lemmy.worldOP
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          3 months ago

          If you honestly believe groceries are only 2.2% higher than they were in 2019/2020, a meaningful discussion is a dubious endeavor.

          My dude, you do not understand inflation or CPI lol