A 4.9% GDP growth rate isn't going to bring inflation down.
That ain't rocket science. Well, maybe for some.
That ain't rocket science. Well, maybe for some.
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A 4.9% GDP growth rate isn't going to bring inflation down.
That ain't rocket science. Well, maybe for some.
It was only at 2.3% when COVID hit, and that was with massive help from the Fed.Inflation is down 2 points for 2023, that’s with GDP growth Trump would give his right nut for.
I feel like this is a public service.
This is an explanation in inflation rates for cult fucks:
Let’s start at $100. Lets say the Levadopa given to Biden to fight dementia costs $100 per pill.
Lets say we have 3% inflation. Then after 1 year, it costs $103/pill.
Next year inflation is 10%, now Levadopa given to Joe Biden is $113.30 per pill.
Next year inflation is back down to 3%. Now the Levadopa given to Joe Biden to fight dementia costs $116.70.
WHEN WILL THE PILL GET BACK DOWN TO $100? It will not unless we have contraction.
DO YOU CULT FUCKS GET IT?