walker on Nostr: PSA: inflation is not “down.” July 2023 CPI was 3.2%. But in July 2022, prices ...
PSA: inflation is not “down.”
July 2023 CPI was 3.2%.
But in July 2022, prices were up 9.1% vs July 2021.
And in July 2021, prices were up 5.4% vs July 2020.
The *rate* of YoY price increases has gone down slightly.
But your purchasing power keeps going down year after year.
Published at
2023-08-17 00:31:28Event JSON
{
"id": "c48533f4923733ee922e8f21add92f5511443cac3b25dafb3baba87e26909232",
"pubkey": "c48e29f04b482cc01ca1f9ef8c86ef8318c059e0e9353235162f080f26e14c11",
"created_at": 1692232288,
"kind": 1,
"tags": [
[
"imeta",
"url https://cdn.nostr.build/i/bd9aec0b79860dc9b2afbfbaeba9230bbce3f3fbd3b598007a6a164d1ba87d91.jpg",
"blurhash eFRD4f9a4:R-9ZE1WBs:aeoe0Lt6xZf5t7IojrjZRjay4.jYxZWBj@",
"dim 1242x1202"
],
[
"r",
"https://cdn.nostr.build/i/bd9aec0b79860dc9b2afbfbaeba9230bbce3f3fbd3b598007a6a164d1ba87d91.jpg"
]
],
"content": "PSA: inflation is not “down.”\n\nJuly 2023 CPI was 3.2%.\n\nBut in July 2022, prices were up 9.1% vs July 2021.\n\nAnd in July 2021, prices were up 5.4% vs July 2020.\n\nThe *rate* of YoY price increases has gone down slightly.\n\nBut your purchasing power keeps going down year after year. https://cdn.nostr.build/i/bd9aec0b79860dc9b2afbfbaeba9230bbce3f3fbd3b598007a6a164d1ba87d91.jpg ",
"sig": "ebeaf665c8b6a0d254c2a77b52817a5c1dc750994ae35b0eb296bd7dd2e187a4fcc2b0dfcf578f45747cf468c6d2151d1de8539ceff85031fd3735b9c7be233d"
}