02DEC23P
Inflation was 0% last month – and our economy grew by more than 5% last quarter.
Bidenomics.
POTUS/status/1730949376904688046
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peter03102.com/TFiles/#02DEC2…
Inflation was 0% last month – and our economy grew by more than 5% last quarter.
Bidenomics.
POTUS/status/1730949376904688046
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https://twitter.com/POTUS/status/1730949376904688046
peter03102.com/TFiles/#02DEC2…
/N
Tweet is referring to the PCE index, % change from the preceding month. Inflation is normally assessed annually (12 months) however, & the Fed’s PCE goal is 2%. It is currently 3%
A more commonly referenced inflation index is CPI
- twitter.com/i/birdwatch/n/…
Tweet is referring to the PCE index, % change from the preceding month. Inflation is normally assessed annually (12 months) however, & the Fed’s PCE goal is 2%. It is currently 3%
A more commonly referenced inflation index is CPI
- twitter.com/i/birdwatch/n/…
/N2
Too much inflation suggests that an economy is facing serious troubles—but negative inflation, otherwise known as deflation, is an even bigger problem.
How To Calculate Inflation: PCE & CPI
-forbes.com/advisor/invest…
Too much inflation suggests that an economy is facing serious troubles—but negative inflation, otherwise known as deflation, is an even bigger problem.
How To Calculate Inflation: PCE & CPI
-forbes.com/advisor/invest…
/N3
Bureau of Economic Analysis
Personal Consumption Expenditures Price Index
- bea.gov/data/personal-…
Bureau of Economic Analysis
Personal Consumption Expenditures Price Index
- bea.gov/data/personal-…
/N4
Why does the Federal Reserve aim for inflation of 2 percent over the longer run?
-federalreserve.gov/faqs/economy_1…
Why does the Federal Reserve aim for inflation of 2 percent over the longer run?
-federalreserve.gov/faqs/economy_1…
/8
inflation was 3.2% last month
BillyM2k/status/1731018532845162527
It was higher than 3.2%.
WallStreetSilv/status/1731059252129632260
the way we calculate inflation has been changed multiple times.
instiinct_defi/status/1731077423507148921
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inflation was 3.2% last month
BillyM2k/status/1731018532845162527
It was higher than 3.2%.
WallStreetSilv/status/1731059252129632260
the way we calculate inflation has been changed multiple times.
instiinct_defi/status/1731077423507148921
-
/9
Democrats are stupid enough to believe this. 24,000 people liked this post and left comments agreeing with it.
stillgray/status/1731164473229271344
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Democrats are stupid enough to believe this. 24,000 people liked this post and left comments agreeing with it.
stillgray/status/1731164473229271344
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