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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Friday, August 30, 2024
Core pce inflation year over year in July was higher than in either June or May, and the current rate is still 70% higher than the average for 2015-2020
2.62% vs. 2.57% and 2.58%.
But you said inflation was coming down!
The metric averaged 1.54% yoy for the six years 2015-2020.
