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The Fed's Preferred Inflation Metric Just Surged in Warning Sign for Biden's Economy
Jul 31, 2022 13:53:59   #
fullspinzoo
 
I wonder if Biden's admin will change the definition of CPI showing that the number isn't that bad after all, just like they tried to change the definition of a "recession"being 2 negative GDP's in a row. https://www.westernjournal.com/feds-preferred-inflation-metric-just-surged-warning-sign-bidens-economy/ Hey, if you don't like how it looks, just change it so it doesn't reflect badly on your abysmal economical outlook.

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Aug 1, 2022 14:34:34   #
MidnightRider
 
fullspinzoo wrote:
I wonder if Biden's admin will change the definition of CPI showing that the number isn't that bad after all, just like they tried to change the definition of a "recession"being 2 negative GDP's in a row. https://www.westernjournal.com/feds-preferred-inflation-metric-just-surged-warning-sign-bidens-economy/ Hey, if you don't like how it looks, just change it so it doesn't reflect badly on your abysmal economical outlook.


They probably will, but we'll know better. Just as we do with this recession.

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