Edit: new and improved image, now with 100% less support! Used my expert photo editing skills to change “supporting” to say “voting for”
Edit: new and improved image, now with 100% less support! Used my expert photo editing skills to change “supporting” to say “voting for”
lol at countering nber, the group that literally figures out if there’s a recession or not with investopedia.
Clown world moment.
It’s a digest of a paper co-authored by a former Fed chair, so yeah I’m a bit suspicious of the exclusion of money supply in their modeling. And like I said, I’m always more suspicious of any source that tries to blame the working class for inflation.
But sure if NBER preaches, it must be gospel.
Don’t you put that evil on me.
It’s just funny to counter one of the most institutional and official sources with one that’s a rung above clickhole.
No hate, I’m gonna fold that bit up and save it in my wallet for the right time.
Ok sure, I could’ve spent some time digging for a more academic source instead of the first result, but I try not to spend too much effort arguing with Internet randos, and just demonstrating that there is not consensus seemed sufficient.
That would have been cool lol.