ambiorickx.bsky.social
King of the Eburons. Bow before me. Currently in exile in Colorado
👤 Joined on 12 September 2023
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If we were getting 15% or 30% annual inflation, yes, obviously people would intuit huge price rises. But if you’re trying to distinguish between low (1%) and elevated (3%), the effect on any one individual is going to be subsumed into a bunch of other annual financial changes
Show PostThe problem with this is that if you cherry pick certain expenditure categories you can argue that inflation is ALWAYS sky-high. There are always specific goods going way up in price. There is never a period of universal price stability. The question is whether you’ve been primed to notice.
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