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jackmarxist [any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 2 years ago

289% Inflation lmao

hexbear.net

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289% Inflation lmao

hexbear.net

jackmarxist [any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 2 years ago
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  • FuckyWucky [none/use name]@hexbear.net
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    2 years ago

    their copium now is that its going up at a slower pace biaoqing-copium

    not the prices itself but that rise of prices is going up slower ( 289.4% in May compared to 287.9% in April).

    • Adkml [he/him]@hexbear.net
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      2 years ago

      Nerds love second order derivative arguments.

      “It’s still increasing but the rate at which it’s increasing is going down”

      Or, as people who don’t have a lanyard cutting off oxygen to their brain correctly perceived it, shits still going up.

      • SacredExcrement [any, comrade/them]@hexbear.net
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        2 years ago

        “We’re still heading off the cliff at insane speed, but the rate of acceleration has somewhat slowed”

        • Adkml [he/him]@hexbear.net
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          2 years ago

          Aka we’re approaching terminal velocity

          • Crassus@feddit.nl
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            2 years ago

            Luckily soon we will slow down very quickly

      • Imacat@lemmy.dbzer0.com
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        2 years ago

        Nixon made a similar argument once. It’s the 3rd derivative since inflation is the first derivative of a currency’s buying power.

        https://en.m.wikipedia.org/wiki/Third_derivative#Economic_example

      • Owl [he/him]@hexbear.net
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        2 years ago

        Just keep taking derivatives and eventually you’ll find one going in the direction you want.

        • qaopjlll [he/him]@hexbear.net
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          2 years ago

          This is e^x erasure

          • Owl [he/him]@hexbear.net
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            2 years ago

            Hah, yeah.

            But on a real-world data set, even if the underlying phenomenon is e^x, you’ll keep amplifying sample noise until the derivatives are basically random. Assuming you even have enough data to keep taking derivatives.

    • DragonBallZinn [he/him]@hexbear.net
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      2 years ago

      Capitalism is a religion, not an economic system.

      Is it any coincidence that the only somewhat tolerable places to live under capitalism are ones that don’t treat capitalism as gospel?

      • GrouchyGrouse [he/him]@hexbear.net
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        2 years ago

        It’s weird how the same scenario applies with religion. You can have a place where a majority of a population is religious or even the same religion but it turns out the best outcome is pairing that with secular government policy and implementation.

    • ICEMAN [he/him]@hexbear.net
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      2 years ago

      By this rate we will hit the 2% goal in 2 centuries! Suck it commies

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