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.
Groceries aren’t sub 3%. Energy isn’t sub 3%.
CPI metrics exclude everything consumers actually use. The data is completely finessed.
Most Americans are completely unaware of the 4.5 TRILLION the Fed bailed out Wall Street with in 2019
Fed Finally Identifies Banks that Received $4.5T in Q4 2019 Repo Program
https://tokenist.com/fed-finally-identifies-banks-received-4-5t-q4-2019-repo-program/
Food is under 2%?
Edit: nvm, just above, 2.2%. Still, def under 3
If you honestly believe groceries are only 2.2% higher than they were in 2019/2020, a meaningful discussion is a dubious endeavor.
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
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.
My dude, you do not understand inflation or CPI lol