It's pretty cheeky, random internet guy, to tell multiple central banks--whose function can be placed squarely in the realm of economics--that they are wrong about what inflation is.
This Hacker News, people on here think they have a much better understanding than the experts about everything.
And that would even include something like "As a poor, single mother working 2 jobs in Pennsylvania, how is my life better under the current administration?"
"You probably rely on medicaid or medicare or the AHCA for health coverage. The first two are going to get slashed and the third is going to get shit-canned. Oh, and if you have a pre-existing condition, that's going to come under consideration again. Price controls are going away for medications you or your kids might rely on. There will be no raise in minimum wage and with tariffs coming, you might as well get a third job."
That would be my response, based on the past actions of republicans under Trump.
I didn't realize I was talking to central banks here, that's good to know.
I believe your argument, though, is that those in power can redefine existing words to whatever best suits their current needs and we should all accept that and not consider why we had the original definition in the first place?
