ST Alpha - "depends on what you're talking about, really." (Reading a Post)

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In response to "That's food, it doesn't count in core inflation and therefore doesn't count." by spamlet

depends on what you're talking about, really.

Posted by znufrii Nov 6 '14, 11:09

usually discussions/predictions of inflation are used to argue macroeconomic monetary and fiscal policies and overall economic health, not the impact of prices on a microeconomic household level.

Responses:

Almost every time you hear about inflation, they are talking about core inflation which strips out food and oil. - spamlet Nov 6, 11:17 5
- right. volatile price movements that aren't directly connected to economic activity are not as useful when analyzing macroeconomic policy. -- nm - znufrii Nov 6, 11:34 2
  - 70% of our economy is consumers. What are consumers two largest expenditures? -- nm - spamlet Nov 6, 11:37
  - [deleted]
- where are Picassos under? -- nm - Reagen Nov 6, 11:19 1
  - [deleted]

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depends on what you're talking about, really.

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