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Post subject: Re: Does anyone care about the economy?
Posted: Tue April 12, 2022 4:06 pm
See you in another life, brother
Joined: Thu December 20, 2012 4:45 pm Posts: 6647
How long before the price controls hit?
_________________ "I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle
Post subject: Re: Does anyone care about the economy?
Posted: Tue April 12, 2022 4:08 pm
See you in another life, brother
Joined: Thu December 20, 2012 4:45 pm Posts: 6647
verb_to_trust wrote:
4/5 wrote:
How long before the price controls hit?
Only 1 Fallon of milk per person!
This is a unit of measurement we can all get behind.
_________________ "I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle
Post subject: Re: Does anyone care about the economy?
Posted: Tue April 12, 2022 4:36 pm
Future Drummer
Joined: Tue February 12, 2013 5:03 pm Posts: 2401
gave NPR a listen, and hearing "inflation has hit record highs in the wake of russia's invasion and the resulting sanctions" is just such insidious propaganda, less because of the content and more because of its breeziness, its ease. it just floats along, effortlessly priming the cattle to accept the state of affairs as such
sometimes i wonder why bernays ever decided to pull back the curtain on the consensus-molding machine
Post subject: Re: Does anyone care about the economy?
Posted: Tue April 12, 2022 4:40 pm
See you in another life, brother
Joined: Thu December 20, 2012 4:45 pm Posts: 6647
--- wrote:
gave NPR a listen, and hearing "inflation has hit record highs in the wake of russia's invasion and the resulting sanctions" is just such insidious propaganda, less because of the content and more because of its breeziness, its ease. it just floats along, effortlessly priming the cattle to accept the state of affairs as such
That's better than the "corporate greed" explanation at least.
_________________ "I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle
Post subject: Re: Does anyone care about the economy?
Posted: Tue April 12, 2022 7:07 pm
Mind Your Tanners
Joined: Thu January 10, 2013 2:19 am Posts: 8891 Location: SOUTH PORTLAND
I read today that in the early 80s they took mortgage and rent increases out of the figure to make inflation look lower. Is that true? Or did I read it wrong?
Post subject: Re: Does anyone care about the economy?
Posted: Tue April 12, 2022 7:11 pm
An enigma of a man shaped hole in the wall between reality and the soul of the devil.
Joined: Tue January 01, 2013 5:13 pm Posts: 39762 Location: 6000 feet beyond man and time.
elliseamos wrote:
I read today that in the early 80s they took mortgage and rent increases out of the figure to make inflation look lower. Is that true? Or did I read it wrong?
Post subject: Re: Does anyone care about the economy?
Posted: Tue April 12, 2022 7:40 pm
Future Drummer
Joined: Tue February 12, 2013 5:03 pm Posts: 2401
elliseamos wrote:
I read today that in the early 80s they took mortgage and rent increases out of the figure to make inflation look lower. Is that true? Or did I read it wrong?
in 1983 the BLS shifted the way it calculated the housing portion of the CPI, from nominal housing prices to "owner's equivalent rent"
Post subject: Re: Does anyone care about the economy?
Posted: Wed April 13, 2022 6:30 pm
Mind Your Tanners
Joined: Thu January 10, 2013 2:19 am Posts: 8891 Location: SOUTH PORTLAND
--- wrote:
elliseamos wrote:
I read today that in the early 80s they took mortgage and rent increases out of the figure to make inflation look lower. Is that true? Or did I read it wrong?
in 1983 the BLS shifted the way it calculated the housing portion of the CPI, from nominal housing prices to "owner's equivalent rent"
So it was already heading down and then the equation was changed? Or the changed caused that sudden drop?
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