Re:Reasons the banking crisis isn’t a repeat of 2008
by Operative0198 on Saturday March 25, 2023 @09:32AM
(#35302459)
I don't what you are on about. The chart figures I linked is sourced from the monthly CPI rate shared by BLS every month.
You are obviously trolling at this point.
Re:Reasons the banking crisis isn’t a repeat of 2008
by dalyons on Saturday March 25, 2023 @11:02AM
(#35303311)
It’s not trolling just because you aren’t understanding what’s being said. Recent MoM figures show inflation is way down, the annualized will follow down shortly.
Re:Reasons the banking crisis isn’t a repeat of 2008
by Dylan16807 on Saturday March 25, 2023 @12:33PM
(#35304276)
The main inflation number that everyone talks about compares each month to one year previous.
When inflation changes rapidly, it gives you outdated information.
When you look at the underlying data for each month compared to the previous month, you can see that the spike was higher than 9% and we are currently lower than 6%.
The peak was in June, so it's still dragging the yearly number up. The last 8 months were much lower than the previous several.
https://tradingeconomics.com/united-states/inflation-rate-mo...
https://i.imgur.com/MBwyLjJ.png
Though that chart also shows inflation dropping...