Row 57633

Row ID: 57633 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 57633 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

In the real world though no one cares about the rate of inflation but actual price levels .

I’m taking it to an extreme but if inflation raised the cost of item A from $50 to $100 the previous year and now it’s $103.40, no one cares that inflation is now only 3.4%. People are rightfully pissed at intelligentsia telling them that inflation is basically over and it’s not an issue anymore because they are still anchored to pre COVID prices for comparison.

This is the great disconnect between the data and the average consumer and the gloom and doom vs euphoria between Main Street and Wall Street

A pound of steak going from $22.99 to $23.99 this year isn’t a great victory when a few years ago it was $12 a pound. Slow inflation on top of rapid price increases the previous years doesn’t make anything more affordable.

FieldValue
text In the real world though no one cares about the rate of inflation but actual price levels . I’m taking it to an extreme but if inflation raised the cost of item A from $50 to $100 the previous year and now it’s $103.40, no one cares that inflation is now only 3.4%. People are rightfully pissed at intelligentsia telling them that inflation is basically over and it’s not an issue anymore because they are still anchored to pre COVID prices for comparison. This is the great disconnect between the …
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-23
username_encoded Z0FBQUFBQm5Lak1YQm83T192ZFdicktBbXVVR0FUXzhjMWZJSXZIUlkyenB0a0VJRkxWY25wNXgzYzRjMVd2MGtEaXI5ZFRMTXpRUnF1a1ZMYWpVQmlZNzF4amh2WGxOUEE9PQ==
url_encoded Z0FBQUFBQm5Lak9tZXJkYVlYaWtoN04tV2xjZGoyeTl6SFpQeUlXT0dqWnNMelVXekg4MENQblR0Y3M4VV9DZ0p1Rk5oc3BtYWV5T05RNDBhM1RmbnlyQWN6UlloQndLNFlBZVVmd1FDS3N4a0xSUzUwSjRCd3I3TkZMcE9NMlQ2MU9QWkNzRTNuSzdpYkVjSHQtQ0VHdWJLUC1tY0NMdTJIR2RVWnRsNFJ4X2RrZUVVVzYtOVR3bm1HYkxUSnpPWDhlS1pzYXdiN3hKM2RwdEt6N0ZVSHRxS0pRdFVQRHZwUT09

Raw Record

{
  "text": "In the real world though no one cares about the rate of inflation but actual price levels .\n\nI’m taking it to an extreme but if inflation raised the cost of item A from $50 to $100 the previous year and now it’s $103.40, no one cares that inflation is now only 3.4%. People are rightfully pissed at intelligentsia telling them that inflation is basically over and it’s not an issue anymore because they are still anchored to pre COVID prices for comparison.\n\nThis is the great disconnect between the data and the average consumer and the gloom and doom vs euphoria  between Main Street and Wall Street\n\nA pound of steak going from $22.99 to $23.99 this year isn’t a great victory when a few years ago it was $12 a pound. Slow inflation on top of rapid price increases the previous years doesn’t make anything more affordable.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-23",
  "username_encoded": "Z0FBQUFBQm5Lak1YQm83T192ZFdicktBbXVVR0FUXzhjMWZJSXZIUlkyenB0a0VJRkxWY25wNXgzYzRjMVd2MGtEaXI5ZFRMTXpRUnF1a1ZMYWpVQmlZNzF4amh2WGxOUEE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9tZXJkYVlYaWtoN04tV2xjZGoyeTl6SFpQeUlXT0dqWnNMelVXekg4MENQblR0Y3M4VV9DZ0p1Rk5oc3BtYWV5T05RNDBhM1RmbnlyQWN6UlloQndLNFlBZVVmd1FDS3N4a0xSUzUwSjRCd3I3TkZMcE9NMlQ2MU9QWkNzRTNuSzdpYkVjSHQtQ0VHdWJLUC1tY0NMdTJIR2RVWnRsNFJ4X2RrZUVVVzYtOVR3bm1HYkxUSnpPWDhlS1pzYXdiN3hKM2RwdEt6N0ZVSHRxS0pRdFVQRHZwUT09"
}
Explore Dataset Explore Row

Entry Information