brockm on Nostr: This is all horrible. Inflation has been painful for the entire world these past few ...
This is all horrible. Inflation has been painful for the entire world these past few years. But that’s not the same thing as a recession. A recession means the economic activity is decreasing overall, which usually means lower employment levels. We are seeing the opposite of this. So we are not in a recession.
Published at
2023-10-22 15:29:04Event JSON
{
"id": "20e9ab96be6c095a604a1b16c1734c06dccec33cc32482ccf51ec0be756d1fe3",
"pubkey": "b9003833fabff271d0782e030be61b7ec38ce7d45a1b9a869fbdb34b9e2d2000",
"created_at": 1697988544,
"kind": 1,
"tags": [
[
"e",
"3d839e929be8cbbfac24e6bb0b056c1e5621ff5cfcd7c92ce4f6d12235060cbd"
],
[
"e",
"3285babccbba72043d8766aa3f139cd31390ba1a334daab7d38aacbab5c5b278"
],
[
"p",
"8aafa7d540d9f24704477eba0f39ec24b7d65439bcf588b04d69cc428aff4c2a"
]
],
"content": "This is all horrible. Inflation has been painful for the entire world these past few years. But that’s not the same thing as a recession. A recession means the economic activity is decreasing overall, which usually means lower employment levels. We are seeing the opposite of this. So we are not in a recession.",
"sig": "69407ae19c0a324358712e4b9c65340b719c30558c533ed4c7b2c6187d0c960430c66a0dd536440cf12a2008871c2b1d088d579972bf63387a033dfaf0e8c5be"
}
