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Electricity prices climbing faster than inflation.
(www.npr.org)
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this post was submitted on 16 Aug 2025
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No, not really. Let's take another example. Let's say the average building height in NYC is increasing year over year. Some buildings are going to be higher than that average. You wouldn't say this building is higher than could be explained by the increase in average height because the increase in average height is NOT an explanation.
The decreasing value of the dollar is not an explanation causing price increases. Price increases IS the decreasing value of the dollar. The price of some commodities increasing faster than other commodities is exactly what we would expect during inflationary periods.
It's not like there's some number that is "the value of the dollar" and it changes in an objective way that businesses need to adapt to by raising prices. The value of the dollar is literally defined by the prices of things.
Now that is a useless analogy. Buildings aren't abstract constructions that fluctuate up and down based on complex relationships of military power projection, debt and demand.
The fact that inflation is the sum of all these price increases isn't a profound discovery, and neither is that some things get pricier outpacing inflation, literally everyone understands that. That's why it's an average. That doesn't mean it's dumb or redundant to point it out, and pointing out that this is a thing that always happens reads like a hunting for an ummm akchually. This is just an exercise in microscopic hair splitting.
I really disagree. There's no objective thing called inflation. There is no single quantity called the "value of the dollar". The price of electricity going up is not caused by inflation. The price of electricity going up IS inflation. You can't say that the price of electricity is going up "even when accounting for inflation" because the price of electricity going up IS inflation.
What you could say is that the price of the inputs to the price of electricity are going up at a slower rate than the price of electricity itself. That's an interesting thing to say. But the state of affairs described by that could happen even if deflation was happening in the economy.
Here, let me try another way. The definition of inflation is:
Do you see why your statement:
Doesn't make any sense? I'll rewrite your words: