194
289% Inflation lmao (hexbear.net)
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[-] jackmarxist@hexbear.net 68 points 3 months ago
[-] AOCapitulator@hexbear.net 43 points 3 months ago

They didn't even hang the fucking flag right

[-] waluigiblunts@hexbear.net 31 points 3 months ago

This is what happens when you let the lowest bidder hang the flag

[-] kleeon@hexbear.net 34 points 3 months ago

The wrongest man in history

[-] Frogmanfromlake@hexbear.net 33 points 3 months ago

Amazing that there was once a time when people took Elon’s predictions about the future and technology seriously.

[-] FuckyWucky@hexbear.net 52 points 3 months ago* (last edited 3 months 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@hexbear.net 48 points 3 months 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@hexbear.net 29 points 3 months ago

"We're still heading off the cliff at insane speed, but the rate of acceleration has somewhat slowed"

[-] Adkml@hexbear.net 17 points 3 months ago

Aka we're approaching terminal velocity

[-] Crassus@feddit.nl 8 points 3 months ago

Luckily soon we will slow down very quickly

[-] Imacat@lemmy.dbzer0.com 16 points 3 months 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@hexbear.net 9 points 3 months ago

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

[-] qaopjlll@hexbear.net 5 points 3 months ago
[-] Owl@hexbear.net 2 points 3 months 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@hexbear.net 31 points 3 months ago* (last edited 3 months 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@hexbear.net 8 points 3 months 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@hexbear.net 8 points 3 months ago

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

[-] poppy_apocalypse@hexbear.net 42 points 3 months ago

Fuck the BBC so much. They did a story about protests against this dipshits economic "policy". The presenter- not the analyst -The fucking presenter is like, "Why don't these people at least give him a chance." Idiot, if anyone knows about how austerity works, it's fucking Argentina.

[-] GrouchyGrouse@hexbear.net 26 points 3 months ago

Their (the BBC, NYT, etc etc ad infinitum) have done more to normalize dogshit policy and opinion under the guise of "we're just asking questions" and "we need to wait and see" than all the blatant propaganda in the world.

[-] Tiocfaidhcaisarla@hexbear.net 17 points 3 months ago

Not surprising but interesting to note- if a socialist even glances at the levers of power, there's no "give them a chance," it's suddenly that everything bad that has ever happened, is happening, and will happen is their fault and they must be removed immediately, by force if necessary. But libertarians get this and are the don't tread on me folks, god I hate them.

[-] Lemmygradwontallowme@hexbear.net 3 points 3 months ago* (last edited 3 months ago)

To copy and paste

RIGHT-WING LIBERTARIANISM is one of the most powerful ideological influences of United States of America…

“One gratifying aspect of our rise to some prominence is that, for the first time in my memory, we, ‘our side,’ had captured a crucial word from the enemy . . . ‘Libertarians’ . . . had long been simply a polite word for left-wing anarchists, that is for anti-private property anarchists, either of the communist or syndicalist variety. But now we had taken it over…”

Murray Rothbard

Why is it a surprise that these liberals, who hate anything 'authoritarian', insist on 'libertarians' to get things right?

[-] Luisp@lemmy.dbzer0.com 9 points 3 months ago

"Give him a chance " it's actually a political campaign by the altright coalition. They haven't stopped the propaganda since the elections

[-] FlakesBongler@hexbear.net 39 points 3 months ago

And how long has he been in office again?

I want to say around a year, but my sense of time is fucked up

[-] Adkml@hexbear.net 36 points 3 months ago

I have balanced my household budget.

Were not paying for water or electricity and we're not buying food anymore.

[-] FourteenEyes@hexbear.net 33 points 3 months ago

This type of inflation is so fast it is likened to the speed of sound google "sonic inflation chastity_cage male_on_male transformation bdsm latex" to find out more

[-] SuperZutsuki@hexbear.net 4 points 3 months ago

Thank you for your economic knowledge. I'm not well versed on the specialist jargon.

[-] AntiOutsideAktion@hexbear.net 30 points 3 months ago

Some blame goes to the US fed doing a debt shock with their interest rate increases, no?

[-] CantaloupeAss@hexbear.net 28 points 3 months ago
[-] Adkml@hexbear.net 22 points 3 months ago

Except Tim had spent the last year proudly bragging about how he was going to improve ventilation in the store by crashing a weinermobile into it.

[-] RyanGosling@hexbear.net 25 points 3 months ago

With no survivors

[-] MayoPete@hexbear.net 22 points 3 months ago

Don't kink shame, maybe he has a 🎈 fetish

[-] NephewAlphaBravo@hexbear.net 12 points 3 months ago

We're gonna make the economy big and round and taut

[-] mayo_cider@hexbear.net 2 points 3 months ago

I hope the economy doesn't swallow me whole

Gonna tell my kids this was King Louis Philippe.

[-] Bakzik@hexbear.net 22 points 3 months ago* (last edited 3 months ago)

There is a meme, going around some leftist argentinian circles, that compares Milei to Pol Pot.

Of course is an exageration, but taking into account the level of deshumanization, hate, negacionism and religious delirium that this little libertarian gremblin is showing... we are getting close to the Pot levels.

[-] Red_Sunshine_Over_Florida@hexbear.net 18 points 3 months ago* (last edited 3 months ago)

So he's turning to scapegoating to stave off a full 1848 style revolution. Hopefully he gets overthrown like the real Louis Philippe.

[-] hexaflexagonbear@hexbear.net 19 points 3 months ago
[-] Dirt_Owl@hexbear.net 14 points 3 months ago

I hope the people kick him to the curb soon

Vulture capitalists:

There's a new day in view
There is gold in the blue
There is hope in the heart of men
All the world's on the way
To a sunnier day
'cause the road is open again

this post was submitted on 04 Jun 2024
194 points (100.0% liked)

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