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Food (hexbear.net)

submitted 2 months ago* (last edited 2 months ago) by FuckyWucky@hexbear.net to c/chapotraphouse@hexbear.net

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https://x.com/NathanJRobinson/status/1800915894585147399

Krugman, despite being a neoliberal knows that food is an essential item. So likely he is propagandizing for Biden.

Look at personal savings rate.

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[-] Chronicon@hexbear.net 40 points 2 months ago* (last edited 2 months ago)

as people in the replies to Stancil (linked by Parsani below) mention, the CPI adjustment is based on overall inflation, not inflation of restaurant prices specifically, so it's still flawed IMO since I believe restaurant (especially fast food) price inflation significantly outpaces overall inflation.