this post was submitted on 04 Jun 2024
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chapotraphouse
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their copium now is that its going up at a slower pace
not the prices itself but that rise of prices is going up slower ( 289.4% in May compared to 287.9% in April).
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.
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