What? I’m talking about before Jay Powell increased the M2 money supply by $6 Trillion.
Inflation metrics are year over year. The M2 supply, however was drastically inflated under his tenure, namely 2020-2022. The data you’re citing is completely manipulated.
Food is under 2%?
Edit: nvm, just above, 2.2%. Still, def under 3
If you honestly believe groceries are only 2.2% higher than they were in 2019/2020, a meaningful discussion is a dubious endeavor.
Oh, you don’t understand inflation at all.
Do you think groceries in 1945 were 3% higher than 1845? Since apparently we’re making meaningless comparisons across years now?
Inflation at 2-3% is good
What? I’m talking about before Jay Powell increased the M2 money supply by $6 Trillion.
Inflation metrics are year over year. The M2 supply, however was drastically inflated under his tenure, namely 2020-2022. The data you’re citing is completely manipulated.
My dude, you do not understand inflation or CPI lol