US economy returned to growth last quarter, expanding 2.6%

Re:US economy returned to growth last quarter, expanding 2.6% by dariusj18 on Thursday October 27, 2022 @10:18PM (#33366768)

This is pretty obvious knock on effect of the pandemic too. Inflation isn't making it so that every new car is selling at or above MSRP currently.

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Re:US economy returned to growth last quarter, expanding 2.6% by floxy on Friday October 28, 2022 @04:32PM (#33377496)

I suppose it matters whether you consider inflation a cause or an effect?

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Re:US economy returned to growth last quarter, expanding 2.6% by dariusj18 on Monday October 31, 2022 @10:53AM (#33406597)

I think that is a good point, and one of the reasons this inflationary period seems to be so widely misunderstood and contentious. We just spent over 2 years dealing with a pandemic, there will be side effects caused by the pandemic as well as the solutions to ease its impact.

In regard to car prices, I would say that the prices themselves contribute to the inflation statistics, but they are not caused by inflationary pressure.

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