Edvige (Vigi) Cadunz

the Centers for Disease Control and

Lynne Weakland

But inflation has been sticky enough that the Federal Reserve isn’t likely to cut interest rates soon, if at all, a problem for Trump, who demanded rate cuts just

Susan Bradley

thing: any substantial decline

Kelly Marley

production would stagnate; it would decline, as older fields get exhausted.

M. E. Mardis

August, standing in front of a

Sasha

Yes, of course. And that’s why I would be very cautious about buying TIPS — Treasury Inflation-Protected Securities

Lynn Gottlob

Labor Statistics is a Marxist

Steve Levin

use higher, not lower inflation. I don’t know what if anything is going on in his mind when he asserts that tariffs will

Judy Ellis

Grocery prices have skyrocketed. When I win, I will immediately

The Demon, Kia

If a pandemic breaks out, but the Centers for Disease Control and Prevention, on orders from the White House, refuse to publish data on its spread, will it still kill people? Yes, of course.

Chaos Goblin

Anyone who says “But they wouldn’t do that!” has clearly been living under a rock the past few weeks. We’re already seeing efforts to suppress bad news about infectious disease. Why assume that the same can’t happen to bad news about inflation? I’m just waiting for the day when Elon Musk declares that everyone who works at the Bureau of Labor Statistics is a Marxist who hates America. Which brings me to TIPS. These are U.S. government bonds whose future repayments are indexed to the Consumer Price Index, just like Social Security checks. So TIPS protect investors against future inflation, which can erode the purchasing power of ordinary bonds. But let’s be more precise here: TIPS protect you against future inflation that the U.S. government admits is happening.

robil8168

Sorry if I make any one confused. It is easy to learn a language. The difficult part is to understand an application system's business rules and logics (say a ledger system. You have to understand the journal entries and some accounting rules). That, in turn, will require a understanding of the relationship between entities (objects, in …

Lies, Damned Lies and Trumpflation

Lori Ayre

We currently have a major outbreak of bird flu, with serious concerns that it may already have spread to humans. Normally we’d be learning about the evolving risks from the CDC’s flagship research publication, the Morbidity and Mortality Weekly Report. But Donald Trump’s appointees have politicized the historically independent report, telling it what and what not to cover. And the agency is already suppressing reports on bird flu.

Jill Beccaris

There’s also another thing populist regimes do when inflation runs hot: lie about it. While Trump isn’t a “populist” in the sense of caring about the working class, he does have a populist-style disdain for expertise. And one way to deal with bad economic numbers is to order the statistical agencies to produce better numbers. Most famously, in 2014 Argentina admitted that it had been deliberately understating inflation for the past 7 years.

I wrote about Trump/Musk promise to tell The Fed what to do. This should have more press before Chair Powell’s term is up at mid-term. Cooking the books at BLS and forcing lower interest rates will damage our country and our role in the world for decades while the oligarchs make more money bc they know the truth.

Greg Abdul

Racists always lose. You can't hide white privilege behind a white racist concept of colorblindness. America is declining on the world stage because your fascist bros are in charge. White racism is stupid and will destroy America. Shame you are so mediocre you can't see the plane crashing into the ground. Your racism killed one million Americans last time. How many have to die this time?

Lies, Damned Lies and Trumpflation

Sean Nork

s down, starting on day one.

Trump, then, obviously won’t deliver on his promise to reduce prices, which was never credible. He won’t even reduce inflation — the rate at which prices are rising. Instead, it seems highly likely that inflation will rise on his watch. This in turn means that the Fed won’t cut interest rates, as he has been demanding, and may even raise them if the inflation picture gets ugly enough.