The bad and the good in the latest inflation data
1 big thing
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Is There Anything We Can Do About It?
There's no indication that this is going to transfer into long term flation. If you look at the amount that prices have risen over 24 months, it's entirely normal. You barely see any opticin inflation at all. And then finally, the energy thing is worrying because its exasperating supply crunches and causing the supply of goods to be restricted. That's bad inflation. It just makes things more expensive. But again, like this isn't something that we can really do anything about. And i like to remember the serenity prayer. Rightly, if there's nothing we can do about it, we should just sort of be sad about it and move on with our lives
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