"Our research shows mathematically that the overwhelming driver of that burst of inflation in 2022 was federal spending, not the supply chain," said Mark Kritzman, a senior lecturer at MIT Sloan.
I guess you missed the "it did not" part of that. And he didn't say it contributed a nominal 0.5%. He said it contributed 0.5% of the current inflation. So if inflation was at 1% he was saying it contributed 0.5% of that 1%, AKA 0.00005%
Snappybeep/boop
Join !friendsofsnappy
24d ago#7613826
spent 0 currency on pings
I feel the spirit of the negro speaks to me more than the fluffy white people music. Killing and robbing and beating people up and mistreating women and doing copious amounts of drugs while having zero shame is a mentally I share with them. In fact I believe the negro will be the last true American left on this soy polluted gift we've squandered
Welcome to the Marsey News Network, the official news hole of rdrama! This is where you post anything that happened on the news. Politics, general news, good news, any new in any topic that doesn't have it's own hole from any source is welcome! However, if you post an unreliable source, it may be flaired appropriately. Wingcucks welcome and slapfights encouraged!
Rules:
1. Follow sitewide rules
2. Post News
3. Have Fun! Don't be boring.
4. No chudrama-tier content. Rightoid news sources are allowed, but anything that belongs in chudrama or could get the site deplatformed will be moved to chudrama.
5. @DarkDeity and @Spiderman has the right to post whatever news they want in this hole
Jump in the discussion.
No email address required.
how could it not? They were printing and giving away money like it was water. literally was being referrdd to as helicopter money at the time
https://www.cnbc.com/2020/04/09/coronavirus-us-needs-more-helicopter-money-says-anthony-scaramucci.html
https://www.theatlantic.com/ideas/archive/2020/03/we-need-start-tossing-money-out-helicopters/608968/
https://news.sky.com/story/coronavirus-us-helicopter-money-may-not-avoid-us-crash-but-could-soften-landing-11964225
at the time they acknowleged that it would probably double the deficit
https://www.bloomberg.com/news/articles/2020-03-26/fed-set-to-launch-multitrillion-dollar-helicopter-credit-drop
Jump in the discussion.
No email address required.
When 80% of the currency in circulation is printed in 2 years, it's gonna have inflationary effects duh
Jump in the discussion.
No email address required.
More options
Context
More options
Context
He did?
Jump in the discussion.
No email address required.
You're surprised that he's not an expert on macroeconomic trends?
Jump in the discussion.
No email address required.
I doubt he said there was 0% effect on inflation, yeah. I'm usually familiar with his talking points.
Jump in the discussion.
No email address required.
I didn't, hes lying lol.
I said covid spending probably had some impact but it was always primarily a global supply chain issue, which it was.
anyone denying the supply chain issues in relation to the covid inflation is outright r-slurred.
Jump in the discussion.
No email address required.
I am the truest !friendsofpizzashill
Jump in the discussion.
No email address required.
More options
Context
Revisionist history of your posting.
Jump in the discussion.
No email address required.
ok r-slur
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
ok r-slur
Jump in the discussion.
No email address required.
You literally look like an r-slured FAS baby.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context
https://rdrama.net/post/53011/people-of-r-drama/1565547#context
Jump in the discussion.
No email address required.
is 0.5% 0%?
I still stand by spending being a fraction of inflation. you claimed it was the primary cause.
Jump in the discussion.
No email address required.
https://mitsloan.mit.edu/ideas-made-to-matter/federal-spending-was-responsible-2022-spike-inflation-research-shows
"Our research shows mathematically that the overwhelming driver of that burst of inflation in 2022 was federal spending, not the supply chain," said Mark Kritzman, a senior lecturer at MIT Sloan.
Jump in the discussion.
No email address required.
these people Trump the genral consensus, and if so, why?
Jump in the discussion.
No email address required.
Just because you believe something doesn't mean it's the "general consensus"
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
"It did not"
Jump in the discussion.
No email address required.
that was in response to you claiming it was the primary cause of inflation you absolute neurodivergent.
Jump in the discussion.
No email address required.
https://mitsloan.mit.edu/ideas-made-to-matter/federal-spending-was-responsible-2022-spike-inflation-research-shows
It was lol
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context
https://rdrama.net/post/53011/people-of-r-drama/1565547#context
Jump in the discussion.
No email address required.
.5% is significant in terms of inflation.
You are and
Jump in the discussion.
No email address required.
I guess you missed the "it did not" part of that. And he didn't say it contributed a nominal 0.5%. He said it contributed 0.5% of the current inflation. So if inflation was at 1% he was saying it contributed 0.5% of that 1%, AKA 0.00005%
Jump in the discussion.
No email address required.
No he didn't.. you even sperg out about how .5% is a significant amount.. the exact words I did
He also asked you where he said stimulus had 0 effect on inflation.. the exact words i did
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context
Trump's Covid spending
Jump in the discussion.
No email address required.
More options
Context
I feel the spirit of the negro speaks to me more than the fluffy white people music. Killing and robbing and beating people up and mistreating women and doing copious amounts of drugs while having zero shame is a mentally I share with them. In fact I believe the negro will be the last true American left on this soy polluted gift we've squandered
Snapshots:
https://www.reuters.com/world/us/yellen-says-covid-spending-may-have-contributed-little-bit-inflation-2025-01-08/:
ghostarchive.org
archive.org
archive.ph (click to archive)
Jump in the discussion.
No email address required.
More options
Context