Exactly!

According to Michael Klein, the Fletcher School economist at Tufts University, the fact that inflation is measured against the year before contributes to the panic. A year ago, we were smack in the middle of an economic downturn when prices were dropping, so things look much worse than if you compared our current situation with that of two years ago.
The Difference a Week Makes
6
2
Carolyn Bertolino
Barbara Andres
·Follow
Nov 17, 2021
--
Exactly!
--
--
Written by Barbara Andres8.7K Followers
·1.5K Following
Muddling through, one story at a time. Grab a cup of tea, pull up a chair, and let’s get curious together. On Bluesky: @terriersrus.bsky.social
No responses yet
Help
Status
About
Careers
Press
Blog
Privacy
Terms
Text to speech
Teams