Comments by "" (@Green__one) on "" video.

  1. Amazing how it constantly changes depending on what they want it to be rather than what it really is. They have a so many different measures of inflation that they just pick the one that they want. In this case they're talking core inflation which is the one they use when they want inflation to look low because it strips out all the things that inflate a lot, things like food and energy, because no one actually needs to use either of those things.
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  2. Exactly right, in this particular case they picked and chose which inflation number to use, and chose to use core inflation. Core inflation is the one that doesn't include food or energy, because you know no one actually needs either of those things! Inflation is whatever the bank wants it to be, because they have so many different numbers they can choose from that they just choose which one they want depending on the message they want to send. They want inflation to be high, they can use CPI data if they want inflation below they can use core inflation data, they get to choose whichever one they want.
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