Thursday, May 2, 2024

Opinions are cheap but they aren't free

Hmmm.  Inflation is transitory.  Inflation is back under control.  Cost of living is still rising.  

The mainstream media is full of opinions.  Its refreshing just to go back to the data.


That's quite a kink in the curve over on the right.  Starting in about June 2020.  And while the acceleration slowed in June 2022, it is till a much steeper curve than at any time in the prior 40 years (other than a six month spurt under Obama).

Why the reliance on opinions when the St. Louis Fed has the data right there for free to anyone at anytime?

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