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When inflation changes rapidly, it gives you outdated information.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%.
When inflation changes rapidly, it gives you outdated information.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%.