• DogPeePoo
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    7 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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      7 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