Paul Krugman is living proof that you can be a freaking moron and still win a Nobel Prize.

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He’s an absolute idiot

I have to assume 'ex' means excluding, which would make this man a massive moron indeed.

Yup. CPI is intentionally designed to exclude the main and most essential costs in daily life in favour of useless consumerist purchases to give a total scam of an underestimated figure.

And this is the sole measure by which the Fed and government measure inflation.

I'm really stoned and posted the wrong meme but in a roundabout way it still works lol.

he’s an evangelist now, nothing more

“We won! The rate of theft is at Fed approved levels again if you exclude necessities. Take that internet!”

He tweeted it, twice

Never in all of recorded human history have we seen such levels of brazen gaslighting as this

nostr:note1x84l3gv6nlzjwcelw5wp0nepcjp320yp5j9qq2uncac5t7e0qafqgf67aj

Gaslighting at its finest!

The same as if I say, that war on drugs is over and "we" won. 😆

Tbf drugs did win the war on drugs long ago 😅

Who's "we"?

I wonder are these guys really that stupid or do they have no ethics? 🤔

They’re economists, so yes 😂

If you want to be kind to them, they do have to tow the party politics to keep getting grants/salaries/funding

Little of column A, little of column B.

And probably constitute about 80% of spending (wage, not credit) for most

It's literally the four things that all of us need to survive. Who cares if the prices of OLED TVs are still reasonable??

Maybe we should all just transact in OLED TVs, seeing as the price is so stable 😂

OLED panels are sound money you heard it here first! 😂

You got change for an 80" 4k?

Yeah hold on I have a few Apple Watch replacements

Got a few Samsung Galaxy OLEDs in my wallet mate.

See, it makes sense because it’s a UTVO system

yep. inflation is defeated so long as you don’t count basic human necessities.

What a tool

🎯

Not can be but must be.

Inflation ex everything is around zero. All the time.

Makes sense. Price of fax machines is way down

Skewed results without the full dataset. Normally, we call that an outright lie.

Why are these jokers allowed to disingenuously lie to everyone, all the time? It's not a true representation of current affairs so it needs to be thrown out.

He invented the mobile fax machine that you can carry on your back.

This dude got Nobel peace award. It’s a 🤡🌍

I don't think he means what you think he means. In full context of that chart, amd text he could mean the state fucked you and you didn't rise up. He's gloating.

I doubt anyone is that stupid. I suspect he's being told to run interference.

Oh you mean the guy who got locked out of his Venmo account and cried about it on social media like a karen?

There’s pics of Krugman doing bad things. He’s captured.

Food, energy and cars aren't useful for the narrative.

nah, he probably aint a moron, just an asshole being paid a lot to promote a ponzi.

He is the classic IYI (intellectual yet idiot)

there is no nobel prize in economy

They need to claim the "win" before printing 5 trilly. Then the devaluation spreads in the next couple years. I think Luke Gromen was explaining this on nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z's podcast.

So, the inflation is low as long as you don’t eat any food, live on the side of street,use no energy and not driving a car, right?

Does anyone actually believe that this is making sense?

The Nobel prize lost its credibility when it was given to Al Gore, Barack Obama and this lunatic Paul

“Peter Nobel describes the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel as a "false Nobel prize" that dishonours his relative Alfred Nobel, after whom the prize is named, and considers economics to be a pseudoscience.”

Inflation: I gained 7kg every last couple of months, this month I only gained 2kg… I’m getting in shape baby!

Is he not just joking?

That’s a good looking graph for people who don’t eat, don’t live, don’t stay in one place and don’t go anywhere.

A man in service to the empire. He doesn't rise to the insult of dumb, he's a parrot for the narrative of the rulers.

I guess he earned a shitload of fiat for posting this absolute nonsense!