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289% Inflation lmao
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this post was submitted on 04 Jun 2024
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chapotraphouse
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Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Gossip posts go in c/gossip. Don't post low-hanging fruit here after it gets removed from c/gossip
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their copium now is that its going up at a slower pace
not the prices itself but that rise of prices is going up slower ( 289.4% in May compared to 287.9% in April).
Nerds love second order derivative arguments.
"It's still increasing but the rate at which it's increasing is going down"
Or, as people who don't have a lanyard cutting off oxygen to their brain correctly perceived it, shits still going up.
"We're still heading off the cliff at insane speed, but the rate of acceleration has somewhat slowed"
Aka we're approaching terminal velocity
Luckily soon we will slow down very quickly
Nixon made a similar argument once. It’s the 3rd derivative since inflation is the first derivative of a currency’s buying power.
https://en.m.wikipedia.org/wiki/Third_derivative#Economic_example
Just keep taking derivatives and eventually you'll find one going in the direction you want.
This is e^x erasure
Hah, yeah.
But on a real-world data set, even if the underlying phenomenon is e^x, you'll keep amplifying sample noise until the derivatives are basically random. Assuming you even have enough data to keep taking derivatives.
Capitalism is a religion, not an economic system.
Is it any coincidence that the only somewhat tolerable places to live under capitalism are ones that don’t treat capitalism as gospel?
It's weird how the same scenario applies with religion. You can have a place where a majority of a population is religious or even the same religion but it turns out the best outcome is pairing that with secular government policy and implementation.
By this rate we will hit the 2% goal in 2 centuries! Suck it commies