Economics

Running some errands and catching up on the vibes after last week’s FOMC with todays Odd Lots

I’m still not convinced soft landing is our final destination; yet that’s likely my bearishness bleeding through.

And a general distrust of statistics around inflation 

cc @balajis.eth

This is the single best long run measure of food inflation. And it’s gone vertical. https://t.co/U249l5fesy

Balaji

Running some errands and catching up on the vibes after last week’s FOMC with todays Odd Lots

I’m still not convinced soft landing is our final destination; yet that’s likely my bearishness bleeding through.

And a general distrust of statistics around inflation 

cc @balajis.eth 

https://x.com/balajis/status/1871063527785689421?s=46&t=TVy9rDl3UkuxmVj4e18bOA

https://open.spotify.com/episode/7uLbEcPibSwDfyl4tsteVU?si=lGYOoK1cSqeLcKS20L_lgQ&t=2846

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

Look in the replies to that chart before you take it as gospel. Love Balaji but he has an agenda (make America look as bad as possible at all times)

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

There’s one that may have been hidden re: chart crime with the x-axis 😂 

Balaji has such interesting ideas on one had but you really have to be careful esp if bear (hello me too) because he literally can’t, for reasons not fully clear to me, say anything positive about 🇺🇸 and uses data accordingly. Broadly speaking he is the most bearish of all; he believes the East is ascendant

Don’t  know nearly anything about balaji.

Just glanced at the replies… there’s some interesting considerations re purchasing power if you go back long enough and of course the gold standard 

I don’t think of inflation in American terms, as we’ve generally had it the best over the past half century.  And we’re blessed on so many fronts, including a natural resource base of plenty.