Can someone explain to me like I'm five how inflation is continually calculated? Like, media (and GOP) tout an 8% inflation rate, and have for almost a year, meanwhile, month over month, certain items were shown to have zero (or relatively zero) inflation to them (ie: three months of falling gas prices).
Like, if it's a rolling average, shouldnt inflation be leveling off?
And for everyone trumpeting the 8% inflation, are they forgetting how everything being shutdown in 2020 made inflation 0% or negative?
“Demolish the bridges behind you… then there is no choice but to build again.”
It’s calculated over 12 months. So July 2022 is compared to July 2021. August 2022 compared to August 2021.
If you line the months up on a graph, the increase in inflation is plateauing, but when the new monthly report comes out, it’s going to be reported as prices being x% more than this month last year.
It’s calculated over 12 months. So July 2022 is compared to July 2021. August 2022 compared to August 2021.
If you line the months up on a graph, the increase inflation is plateauing, but when the new monthly report comes out, it’s going to be reported as prices being x% more than this month last year.
Thank you.
“Demolish the bridges behind you… then there is no choice but to build again.”
It’s calculated over 12 months. So July 2022 is compared to July 2021. August 2022 compared to August 2021.
If you line the months up on a graph, the increase in inflation is plateauing, but when the new monthly report comes out, it’s going to be reported as prices being x% more than this month last year.
Which also means at some point we'll catch up with the big jump last fall and the YoY increases will not be as significant.
Cornell '04, Stanford '06
KDR
RoverFrenchy, Classic! Great post. iwh30I wish I could be as smart as you. I really do you are the man gregg729I just saw your sig, you do love having people revel in your "intelligence." Ritt18you are the perfect representation of your alma mater. Miss ThundercatThat's it, you win. TBA#2I want to kill you and dance in your blood. DisplacedCornellianHahaha. Thread over. Frenchy wins.
It didn't even go up a penny but yet somehow the NY Times makes it breaking news. I think the NY Times is auditioning to be the NY Times Pitchbot ;^)
"It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
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-INCH
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In typical form, Boston.com's article is vapid and devoid of detail.
I'm going to vote for Healey because I think she'll be halfway decent and because her opponent is an evil MAGA ****head. But she needs a bit more meat than what's reported here.
Giving more authority to local governments (read: town committees and city councils) sounds great but does she think Wellesley would ever rezone areas to be more dense? I know people hate a more top-down approach, but the only way to battle locally-enforced NIMBYism on housing density is for non-local, higher authority to force their hand.
A Belmont town manager who re-zones areas to allow for higher density housing to be built is simply not going to last long in the job, and they'll be replaced by someone who absolutely won't allow it.
I gotta little bit of smoke and a whole lotta wine...
In typical form, Boston.com's article is vapid and devoid of detail.
I'm going to vote for Healey because I think she'll be halfway decent and because her opponent is an evil MAGA ****head. But she needs a bit more meat than what's reported here.
Giving more authority to local governments (read: town committees and city councils) sounds great but does she think Wellesley would ever rezone areas to be more dense? I know people hate a more top-down approach, but the only way to battle locally-enforced NIMBYism on housing density is for non-local, higher authority to force their hand.
A Belmont town manager who re-zones areas to allow for higher density housing to be built is simply not going to last long in the job, and they'll be replaced by someone who absolutely won't allow it.
Solving the housing crisis will solve a lot of other problems. Coincidentally, this would be the one argument that dunces like Drew and Whalers could actually attack liberals for, as NIMBY liberals are just as guilty and culpable for soaring housing prices as the GOP. And no, of course they have no leg to stand on, nor does the GOP. I’m just saying…
In typical form, Boston.com's article is vapid and devoid of detail.
I'm going to vote for Healey because I think she'll be halfway decent and because her opponent is an evil MAGA ****head. But she needs a bit more meat than what's reported here.
Giving more authority to local governments (read: town committees and city councils) sounds great but does she think Wellesley would ever rezone areas to be more dense? I know people hate a more top-down approach, but the only way to battle locally-enforced NIMBYism on housing density is for non-local, higher authority to force their hand.
A Belmont town manager who re-zones areas to allow for higher density housing to be built is simply not going to last long in the job, and they'll be replaced by someone who absolutely won't allow it.
I think it’s truly a both sides issue. Everyone wants less traffic and congestion then *****es about how expensive housing is.
Agree with you on Healey overall but it’s disappointing she couldn’t do better on housing. I know someone who has worked with her and they say she’s legit.
Originally posted by BobbyBrady
Crosby probably wouldn't even be on BC's top two lines next year
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