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re: WSJ: U.S. Inflation Hit 31-Year High; Worse in the Southern US
Posted on 11/24/21 at 12:24 am to Abstract Queso Dip
Posted on 11/24/21 at 12:24 am to Abstract Queso Dip
quote:
but anyone that has studied global economics and that is also plugged in understands that only the services portion of CPI is factored I to the lagging indicator index
For whatever that's worth to you. Your simplified "inflation is a lagging indicator" statement is incomplete and almost irrelevant in this current situation considering where inflation is being observed the most at the moment.
Not to dismiss everything you said.
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