Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

BootinUp

(47,143 posts) Fri Sep 30, 2022, 09:35 AM Sep 2022

3

Krugman tweet (PCE inflation chart)

Paul Krugman
@paulkrugman
Hmm. Core inflation, excluding food and energy, was supposed to be useful because it was less volatile than headline. But it's gotten pretty volatile lately. Unclear what to make of monthly changes

Link to tweet

2 replies

= new reply since forum marked as read

Highlight:

Krugman tweet (PCE inflation chart) (Original Post) BootinUp Sep 2022 OP

What is clear is that it is not a valid metric anymore because of the war,shortages(real or created) JohnSJ Sep 2022 #1

Excluding food and energy might make the math easier chriscan64 Sep 2022 #2

JohnSJ

(92,187 posts)

1. What is clear is that it is not a valid metric anymore because of the war,shortages(real or created)

Reply to BootinUp (Original post)

Fri Sep 30, 2022, 10:35 AM

Sep 2022

the impact from the trump trade wars and mishandling of the pandemic, etc.

chriscan64

(1,789 posts)

2. Excluding food and energy might make the math easier

Reply to BootinUp (Original post)

Fri Sep 30, 2022, 10:47 AM

Sep 2022

but they can't be excluded in one's personal or family economy in most cases.

Reply to this discussion

Latest Discussions»General Discussion»Krugman tweet (PCE inflat...