fukhueson @ fukhueson @lemmy.world

Posts

268

Comments

485

Joined

2 yr. ago

I don't think you read this article correctly... They say inflation was driven by a combination of factors, including the one the brookings article says is the primary driver. All 3 articles (Brookings, Reuters, and epi) agree more than you are presenting. EPI says corporate profits have abnormally contributed to inflation, not that they are a primary driver.

In short, the rise in inflation has not been driven by anything that looks like an overheating labor market—instead it has been driven by higher corporate profit margins and supply-chain bottlenecks.

Your link does not support your claims and does not refute the ideas presented in any article here, as you seem to want (I also don't know who is saying all economists think something...)

Profit margins may not be telling us that very recent increases in corporate power are the root cause of inflation. But they are telling us that a simple macroeconomic imbalance of supply and demand is not driving inflation either, unless the relationship between a “hot” economy and profit margins and real wages is just coincidentally behaving entirely differently in the current recovery than it has in the past.

Biden told Netanyahu he must stop escalating tensions in the region and move immediately toward a deal.

My hope here is that ultimately no one wants a bigger war and that Netanyahu can take the assassination as a win however he needs. Hostages need to come home.

https://www.csis.org/analysis/ismail-haniyehs-assassination-escalation-or-ramp

However, in the long term, Haniyeh’s assassination and the killing of other senior Hamas leaders could serve as a path for Israel to reduce its military operations in Gaza. In the aftermath of Hamas’s attack on October 7, Israeli leadership laid out several objectives, including the destruction of Hamas. “If you want peace, destroy Hamas. If you want security, destroy Hamas. If you want a future for Israel, the Palestinians, the Middle East, destroy Hamas,” Israeli prime minister Benjamin Netanyahu declared. As many analysts have noted and as the first 10 months of fighting have demonstrated, it is impossible for Israel to root out every Hamas fighter and untangle the group from its deeply embedded social, religious, and educational networks across Gaza. Instead, the killing of senior Hamas leaders could serve as an alternative form of success that enables Netanyahu and the Israeli government to claim victory and reduce its military operations in Gaza. The assassinations of Haniyeh and Deif make this path appear increasingly credible. As journalist Oz Katerji put it, “Israel is now just one Sinwar assassination away from being able to declare a ‘victory’ over Hamas in Gaza.”

https://www.reuters.com/markets/us/corporate-greed-not-blame-price-pressures-fed-study-shows-2024-05-13/

Corporate price gouging has not been a primary driver of U.S. inflation, according to research published on Monday by economists at the Federal Reserve Bank of San Francisco.

While markups for motor vehicles and petroleum products did rise sharply during the 2021-2022 inflation surge, markups across the entire spectrum of U.S. goods and services have been relatively flat during the post-pandemic recovery, the bank's latest Economic Letter showed.

"As such, rising markups have not been a main driver of the recent surge and subsequent decline in inflation during the current recovery," wrote the bank's research chief Sylvain Leduc and colleagues Huiyu Li and Zheng Liu.

While I could get behind the feat, I think it's important to remember how sexist this country has the capacity to be. Sadly, it may be prudent balancing her ticket with a man. To be fair, polls may still be premature.

https://www.brookings.edu/articles/how-has-the-switch-from-biden-to-harris-changed-the-presidential-race/

Second, gender could turn out to be one of the driving forces this year. While Harris is doing no better among women than Biden did in 2020, she is running 11 points behind him among men. She cannot win with only 37% of the male vote—unless she can engineer offsetting gains among women.

I think when the article says "pandemic-era inflation was largely supply-driven" users are somehow reading "pandemic-era inflation was only supply-driven" and that's... Well... Not what is being said.

I don't think your article poses this as an either/or decision, but more pointing out how money supply wasn't mentioned in other sources. There isn't any analysis disproving the Brookings article from my read.

Wow really? That's fascinating! Can you elaborate?

Oh I thought there was something rational forthcoming, but it's just baselessly accusing the source of being propaganda.

Correct

I think it's way more complicated than that, and that the article disagrees with your unsourced personal opinions. I had hoped you'd have some collection of well sourced articles backing up the simplistic assertion of "line goes up" meme that directly counters the specific data in the article, but unfortunately I see you do not have any reliable data to support your position, much less refute what is in the article. I don't see this going anywhere.

Awesome, I trust it too :)

Hilarious :)

https://mediabiasfactcheck.com/brookings-institute/

Overall, we rate Brooking Institution Left-Center biased based on donations to primarily Democratic candidates and policy advocacy that slightly favors the left. We also rate them Very High for factual reporting due to strong sourcing and a clean fact check record. (D. Van Zandt 5/15/2016) Updated (12/22/2023)

I do, I have more than just what not to do, I was hoping you could elaborate on an option other than violence. But it seems you can't.

Before I give you what I think Hamas should do, are you declaring that you have no better option than violence, since that's the only thing we eliminated? Unless that is, you advocate for violence.

I disagree entirely. I would counter that your unsourced personal opinion does not counter data.

The study discussed in the Reuters link is:

https://www.frbsf.org/research-and-insights/publications/economic-letter/2024/05/are-markups-driving-ups-and-downs-of-inflation/

Well, you're entitled to your opinions, I'll stick with the data.

You're correct it is a different article. It is reporting on greedflation.

It was probably a combination of inventory management and greedflation. There's no reason why it has to be only one or the other.

https://www.reuters.com/markets/us/corporate-greed-not-blame-price-pressures-fed-study-shows-2024-05-13/

Corporate price gouging has not been a primary driver of U.S. inflation, according to research published on Monday by economists at the Federal Reserve Bank of San Francisco.

While markups for motor vehicles and petroleum products did rise sharply during the 2021-2022 inflation surge, markups across the entire spectrum of U.S. goods and services have been relatively flat during the post-pandemic recovery, the bank's latest Economic Letter showed.

"As such, rising markups have not been a main driver of the recent surge and subsequent decline in inflation during the current recovery," wrote the bank's research chief Sylvain Leduc and colleagues Huiyu Li and Zheng Liu.

I trust that when you say "fight" you don't advocate for violence, considering we just eliminated that one option, correct?

In which case, I'd love to hear what you think that would entail.

I will respond :)

I posted it because it was an article about a new report that came out today about very important current events, in my opinion. Why are you so sensitive about this article? (Purposefully ignoring the whataboutism, let's all remind ourselves of what the article is about)

Edit: I don't get the constant badgering about this being "timely" as the article came out today. Does anyone have any idea what they're talking about?