Which is a made up target with a wide margin. Many economists think a stable inflation rate might be 3% or higher! So 2.4% might already be on target.
n2burns
joined 1 year ago
That definition is literally describing a change, as rate of change.
Inflation is a loss of purchasing power
Over the past year, we haven't experienced a loss of purchasing power. We have a lack of purchasing power, but we lost it over the 2-3 years prior to the last year.
a rise in prices for goods and services over time
This is pretty much the mathematical definition of a rate of change. Like how speed is the rate of change in position over time. After a day of traveling, your position (prices for goods) may be way different than your starting point, but if you're not currently moving, your speed (inflation) is NIL.
Inflation rate and inflation are the same. You're confusing inflation with affordability.
The inflation is still high
Where are you getting that from? That's not what the numbers say.
This is definitely wrong. For example, I know Canada has reactors under construction: https://news.ontario.ca/en/release/1002543/ontario-breaks-ground-on-world-leading-small-modular-reactor
It's a feature of TikTok where you can put your video side-by-side with some else's video. This seems like a decent explanation.
That idea just makes me cringe. Personally, I don't want to be associated with something so crass, and I'd prefer if our critiques were more specific and intelligent.
“Not everybody can use a bike to get around — these are some of our major arterial roads, whether it is Bloor, University or Yonge Street — people need to get to and from work,” Sarkaria said.
I hate this so much. It's so easy to reverse. Not everyone can drive and the idea that driving is the only way to get to work is so frustrating. When I need to go into the office (which is >100km away), I bike ~4km, take the train, then walk ~750m from the station to my office. It's time competitive with driving, and I'm not even going into downtown Toronto!
It's not a hardware compatibility problem for you or people who have reasonably new computers. However, for the last decade or so, computers have kind of stagnated and old computers are still very functional, something I couldn't have said a decade or two ago.
I'm typing this on a ThinkPad x201 which was released in 2010. TBF, I've updated it as much as I can (8GB of RAM and an SSD), it's running Linux Mint because Windows drags, and even then it's getting tired.
My Spouse's laptop is an Acer with a 5th gen i3. A couple years ago, she was complaining it was getting a bit slow, so I threw an SSD in it and now she's happy with how it runs Windows 10, and I'm sure it would run Windows 11 fine if a TPM2.0 chip wasn't required.
It's forced obsolesces for a hardware requirement most home users are never going to use.
There was a few months where Wikipedia was reverted to a very old version as newer versions didn't meet their build standards. That has since been fixed.
FTA:
The result was what the Hansons would later summarize in their United States patent request as a “protective helmet cap” with “a durable energy absorbing outer shell, which lessens the initial impact to the helmet … [and] an inner surface that allows the outer shell to slide over the surface of a helmet thereby reducing forces applied to a wearer.”
and
They also shelled out for additional outside testing to ensure that the caps wouldn’t affect neck torque and that they maintained a lower coefficient of friction relative to the usual football helmet’s polycarbonate shell, to ensure that crucial “sliding” effect.
So it looks like they've already though through that. Not saying it's impossible that a bad incident will be blamed on the Guardian, but it looks like they've done the necessary research.
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As I've pointed out elsewhere, that's not inflation. That's a lack of purchasing power, not inflation which is a loss of purchasing power. We lost that purchasing power over 2022 and 2023, but the difference in price between November of 2023 and now is relatively small.