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DanielleFong's profile
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@DanielleFong

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Empire of the Future
Joined February 2008

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     🤷🏻‍♀️‏ @DanielleFong 15 Dec 2021

    we’re still talking about inflation as a single number but the price charts always look like thispic.twitter.com/IHHukWjUpV

    11:51 AM - 15 Dec 2021
    • 254 Retweets
    • 1,094 Likes
    • tobbog Tywin L jasoncurry.eth 🌱 satish Derek O'Dell Tina Cornely bitbutter Jessie CMerrill
    71 replies 254 retweets 1,094 likes
      1.  🤷🏻‍♀️‏ @DanielleFong 15 Dec 2021

         🤷🏻‍♀️ Retweeted Derek Kite

        https://twitter.com/derekkite/status/1471247640901734400 …

         🤷🏻‍♀️ added,

        Derek Kite @derekkite
        Replying to @DanielleFong @alexandrosM
        I've been in the refrigeration industry since the late 80's and equipment prices are almost flat in nominal dollars. It is remarkable. But I'm seeing 25% increases this year. Hard to know if these increases will stick.
        0 replies 0 retweets 18 likes
        Show this thread
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      1. Web3 Moses‏ @FriendlyBrigand 15 Dec 2021
        Replying to @DanielleFong

        Web3 Moses Retweeted Web3 Moses

        https://twitter.com/FriendlyBrigand/status/1470859064515207174?s=20 …

        Web3 Moses added,

        0:43
        Web3 Moses @FriendlyBrigand
        With inflation continuing to rise, Powell is against the ropes! pic.twitter.com/Tj9LOd6KMw
        0 replies 0 retweets 0 likes
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      1. Josh Jakob Architect‏ @JJakobDesign 15 Dec 2021
        Replying to @DanielleFong

        Textbooks should be free. We all can help.

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. sasha‏ @eigensasha 15 Dec 2021
        Replying to @DanielleFong

        pic.twitter.com/WvHxsk4jT5

        5 replies 55 retweets 229 likes
      3.  🤷🏻‍♀️‏ @DanielleFong 15 Dec 2021
        Replying to @eigensasha

        exactly, things are going great! ;-)

        1 reply 0 retweets 12 likes
      4. Show replies
      1. Fruit of Tears‏ @fruitoftears 15 Dec 2021
        Replying to @DanielleFong

        Inflation is an increase in the *price level*. Those are relative price changes. It’s an important distinction! https://www.clevelandfed.org/en/newsroom-and-events/publications/economic-commentary/economic-commentary-archives/2008-economic-commentaries/ec-20080601-rising-relative-prices-or-inflation-why-knowing-the-difference-matters.aspx …pic.twitter.com/8SMl7FM1sq

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. Geoffrey Miller  🔍‏Verified account @primalpoly 15 Dec 2021
        Replying to @DanielleFong

        So basically really expensive things got a lot more expensive, and cheap things got a little cheaper....

        11 replies 0 retweets 29 likes
      3.  🤷🏻‍♀️‏ @DanielleFong 15 Dec 2021
        Replying to @primalpoly

        a fiendish plot!

        1 reply 0 retweets 2 likes
      4. Show replies
      1. New conversation
      2. viraj  ✍️ is writing blog posts (12/100)‏ @VirajSinha 15 Dec 2021
        Replying to @DanielleFong

        exactly this, plus they say "well actually the price of a TV has gone up too but the TV itself has gotten 3x better so it's baaasically like the price is now 1/3rd right!?" https://www.bls.gov/cpi/quality-adjustment/questions-and-answers.htm …

        3 replies 0 retweets 0 likes
      3. viraj  ✍️ is writing blog posts (12/100)‏ @VirajSinha 15 Dec 2021
        Replying to @VirajSinha @DanielleFong

        viraj  ✍️ is writing blog posts (12/100) Retweeted Bill Ackman

        PLUS the housing cost calculation doesn't make sensehttps://twitter.com/BillAckman/status/1469438747292880898?s=20 …

        viraj  ✍️ is writing blog posts (12/100) added,

        Bill AckmanVerified account @BillAckman
        The largest owners of nationwide single family rentals are reporting 17% YoY rent increases. OER is 30% of the Core CPI calculation and 24% of reported CPI. Using the more empirical measure in the calculation increases today’s Core CPI from 4.9% to 9.0% and CPI from 6.8% to 10.1%
        Show this thread
        0 replies 0 retweets 3 likes
      4. End of conversation

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