this post was submitted on 12 Jul 2024
157 points (97.6% liked)

News

23311 readers
3492 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 33 points 4 months ago (23 children)

I probably should be happy about this, but I really don't care. This seems like something that's more important to experts and academics. Regardless of what the official indicators say, something just doesn't seem right to me. I can't necessarily quantify it or express it through some equation, something just feels...wrong.

[–] [email protected] 58 points 4 months ago (12 children)

It’s because this is a manufactured inflation (imo) that companies have created by greedy price gouging.

To imply that we should be rejoicing at the fact that companies are starting to drop prices slightly (even though the average person is struggling to afford GROCERIES) is quite frankly, disgusting.

[–] [email protected] 0 points 4 months ago (4 children)

From where did you glean that someone thinks you should be rejoicing?

[–] [email protected] 3 points 4 months ago (1 children)

I could have sworn that this was the version I read, but they may have deleted it and posted a different article on the same topic.

We did it, y’all! Get the Champagne on ice and gather the townsfolk because America hath slain the beast known as inflation. (Or, at least, it’s hit a turning point.)

Huzzah! Maximum employment and price stability? Let’s party.

But wait — what’s that I hear? Not the riotous cheers of American consumers dancing in the streets. Not a chorus of workers singing about the strongest labor market of their lifetimes, and no — I can’t even pick up on the sound of what I’m sure is an army of economists demanding sainthood for Jay Powell. Instead, the single best economic news of the past decade is but a murmur of chit-chat, barely audible against a clamor of politicos shouting about President Joe Biden’s age.

https://finance.yahoo.com/news/might-just-missed-earth-shattering-095630768.html

[–] [email protected] 1 points 4 months ago (1 children)

The article we're responding to here is a Reuters article that states the facts. You just linked to a poorly written CNN op-ed hosted on Yahoo

[–] [email protected] 3 points 4 months ago (1 children)

This was the original article that was uploaded, that I read. I assume they took it down and posted the Reuters article in its place.

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago)

So would you rather respond to that article or the posted one? Because the article you're citing was written with a humorous bent, which I thought would bring some levity. But instead I see it's taken seriously, so I suppose it was right to go down.

And it was the CNN article for those keeping score, not Yahoo.

load more comments (2 replies)
load more comments (9 replies)
load more comments (19 replies)