Good article of james (npub1cj9…0efa) Lavish! Congratulations!
https://open.substack.com/pub/jameslavish/p/pce-and-the-supercore-inflation-reading?r=qkrt6&utm_medium=ios&utm_campaign=post
My conclusions:
1) All these indexes lead to confusion, that is their ultimate objective.
2) As he says, none is accounting for the biggest day-to-day expenses, so they are useless on tracking what they say they track…
3) and most important IMO, they are and will be used to generate mainstream opinion that inflation is coming down to justify QE and avoid the collapse of the system.
NeutralMoney / 21M
npub18r…t9sv5
2023-04-02 14:24:03
Author Public Key
npub18r46yhgk0640p5j4vy9lkyvrsx2d4ft54kk2qulghpcl5jnca8lqht9sv5Published at
2023-04-02 14:24:03Event JSON
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"content": "Good article of #[0] Lavish! Congratulations!\n\nhttps://open.substack.com/pub/jameslavish/p/pce-and-the-supercore-inflation-reading?r=qkrt6\u0026utm_medium=ios\u0026utm_campaign=post\n\nMy conclusions:\n\n1) All these indexes lead to confusion, that is their ultimate objective.\n\n2) As he says, none is accounting for the biggest day-to-day expenses, so they are useless on tracking what they say they track…\n\n3) and most important IMO, they are and will be used to generate mainstream opinion that inflation is coming down to justify QE and avoid the collapse of the system.",
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