News for hackers. Stuff that matters.
Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by parineum on Monday January 06, 2025 @12:00AM (#42607830)
The money printing in response to COVID followed by the the infrastructure bill were at a scale not seen before and shouldn't be so easily dismissed in reference to previous deficit spending.
Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by bryanlarsen on Monday January 06, 2025 @02:48AM (#42608598)
Germany (and others) printed at a lower rate. If it was a momentary phenomenon, they would have appreciated against the dollar and seen less inflation. Instead they depreciated against the dollar and saw more inflation.

Because they had a greater supply shock.

Re:Tesla reports 1.1% sales drop for 2024, first annual decl... by bryanlarsen on Monday January 06, 2025 @08:49AM (#42610518)
edit: monetary phenomenon. Autocorrect ugh.